Market Structure Insights

July 20, 2010

We were in Lake Jackson, TX, last week for Karen’s HS reunion. South Texas is a sweat lodge this time of year, but the Saint Augustine grass lies lush and luminescent under the sycamores and live oaks. And we saw not one tar ball on...

July 13, 2010

Yesterday, I was forced to set aside comedian Dave Barry’s old book, Dave Barry is Not Taking This Sitting Down, and particularly his thoughtful essay on 1992 federal legislation imposing low-flow toilets on the American people, which produced an alarming increase in toilet-flushing-related carpel tunnel...

July 7, 2010

Prior to the 4th of July you might have heard us jeer, “That’s about as exciting as Iowa.” Passing through last weekend, we had to concede that Iowa was in fact a place of surpassing and bucolic beauty, with its rolling corn-planted hills and manicured...

June 29, 2010

Oscar Wilde said that illusion is the first of all pleasures. Of course he also wrote that anyone who lives within his means suffers from a lack of imagination. Buttressed on either side with those brackets about illusion and means, let’s look today at what’s...

June 22, 2010

“The CFO wants to know why our stock is down when it should be up.” That’s the essence of conversations I had yesterday with two investor-relations officers. It’s tempting to suggest asking Al Gore about why things that should be up are instead down. But...

June 15, 2010

We were on the bikes at dawn in Denver where on the oval at Washington Park it was 45 degrees as the sun rose.  That’ll wake you up! Speaking of waking up, did you read Sebastian Mallaby’s article in the weekend Wall Street Journal called...

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