The Consequences of Increasing...

Jun 24, 2018 by

The Federal Funds Rate in 2018 reached new highs, but nonetheless remained lower than the rates seen during the second term of the...

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Have a simple business card

May 27, 2017 by

Business cards are tools and serve three purposes: They identify you at the beginning of a conversation They tell or remind people of...

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Why is inflation so low?

Jan 2, 2016 by

Inflation examines how the price of a basket of goods changes over time. Inflation is an invented construct, and can be calculated in...

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Don’t Focus on Saving Mo...

Sep 7, 2015 by

No one ever got rich by saving money. That being said, a number of people have lost their wealth by overspending (see 50 Cent, Mike...

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Bond Default Rates

Dec 14, 2014 by

Bonds are rated by Moody’s, S&P, and Fitch, based on their perceived risk of default. Each of the raters uses a slightly...

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The Asymmetry of Analyst Ratin...

Nov 16, 2013 by

In general, I sell if analysts have turned against a stock, relative to others in its category. I recently sold the stock of a major...

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Airline Mergers vs. Hospital M...

Sep 14, 2013 by

Given the large number of recent hospital mergers, and the attempted merger between American Airlines and U.S. Airways, some may...

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Why America Lacks High Speed R...

Jul 13, 2013 by

Over the past year, I’ve visited China, Japan, and Taiwan. During each visit, I had the delightful opportunity to use high speed...

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