Future Stock Market Valuations and the Shiller P/E Ratio
The above graph shows the historical Shiller P/E ratio for the broad U.S. equity market from 1881 through early 2018. …
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The Secret History of 20th Century U.S. Currency
Photo Credit (CC 2.0 license): J W The United States dollar is currently the world’s reserve currency. One factor that…
The Tragedy of Global Art Market Investing
Let’s pretend for a moment that you are the portfolio manager at a large university endowment, pension fund or insurance…
The Best Places for Hiding Valuables? Consult the Triangle of Security
Let’s imagine for a moment that we have a stack of $100 bills that we want to stash somewhere in…