Market Palio
Maybe we should have a horse race to decide our elections. In Siena, the whole region gathers July 2 and August 16 annually, thronging the Piazza del Campo (the city square you see behind our beverages in the photo here,…
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The Essentials
Skip meals, give up beer, burn calories. That combination lowers my weight. The essentials. In fact, depending on the amount of meal-skipping and skipping-rope (well, riding bikes), I drop pounds in days. What’s the equivalent for creating shareholder-value, public companies? …
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Create and Destroy
The Terra Lunacy (cough cough) is about creating and destroying. If you’re thinking, “Lord, I want to read about cryptocurrencies like I want to use a power tool on a molar,” hang on. It’s about stocks. But first, here is…
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Experience
“The market structure is a disaster.” That’s what Lee Cooperman said in a CNBC conversation yesterday with “Overtime” host Scott Wapner. What he thinks is wrong is the amount of trading occurring off the exchanges in so-called dark pools and…
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For the Birds
Did you know the Caribbean is full of brown boobies? The blue-footed brown booby, about the size of a seagull. We’re just back from sailing St Martin and St Barts, where the critters of both sea and sky delighted. Unlike…
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Troubling Signs
Ahoy! As you read, we are stopping in Charlotte en route to a 2pm arrival in Sint Maarten in the Caribbean. We saw the inflation print at 8.5%, plunging consumer confidence, rising credit risk, the supply-chain morass, and said, “Let’s…
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Eyes Wide Open
Here’s my grand unified theory on the world. We stopped following the rules. Not that humans don’t color outside the lines routinely. But in the last two years we jettisoned restraint. That gave rise to chaos in the stock market,…
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