Now that the 6 series convertible and coupe are no more, the new flagship for BMW is the 8 series. We can argue that these are really new 6 series cars, but thats not my call. The M version is where all of the fun comes into play, and...
My end of week morning train reads: • Meet the British mobile banks showing the US how it’s done (Verge)• Buyout Firms Are Gorging on Credit. This Investor Has Concerns (Institutional Investor)• A cognitive scientist explains why humans are so susceptible to fake news and misinformation (Nieman Lab) see...
Succinct Summations for the week ending June 14th, 2019 Positives: 1. MBA mortgage apps rose 10.0% w/o/w, greater than previous decrease of 2.0%.2. MBA mortgage refinance apps rose 47.0% w/o/w, greater than previous 6.0% increase.3. Job openings came in at 7.449M for April, higher than the expected 7.400M.4. Industrial production...
Its a Summer Friday — a perfect time for something I have been meaning to get to posting on: Buy the Drip!  (Kashana Cauley post yesterday was a reminder for me). BTD is Douglas Boneparth’s take on the coffee nonsense (but being less refined than Doug, I would have...
Source: Our World in Data     I do a number of presentations about investing, behavioral economics and psychology. My favorite slides for a few years has been the focus on what kills us — heart disease, cancer — and what we fear: Shark attacks and terrorism; selfie deaths have become...
My morning train reads: • The S&P 500 Is Beating Yale’s Endowment Fund (Morningstar)• The Case Against Small Caps (CFA Institute)• The maths problem that could bring the world to a halt (BBC)• Saving the Planet With Electric Cars Means Strangling This Desert: Mining lithium and copper to supply...
Source: New York Times     I occasionally forget that President Trump had no government experience prior to being President. . The chart above is a stark depiction of the various backgrounds of POTUS through history The post How Much Political Experience Does It Take to Be President? appeared...
Home ownership is part of the stereotypical American Dream. Renting the place you live in has traditionally had a less romantic connotation. On this episode of Good Money, we show why renting shouldn’t get such a bad rap, and why in many cases it’s less of a headache,...
Volatility 101: An Introduction to Market VolatilitySource: Visual Capitalist     Why are certain times more volatile than others? In the short term, volatility is driven by changes in demand, which is largely related to changes in earnings expectations. These expectations can be affected by: Earnings reports New economic data Company leadership changes New innovations Herd mentality Political...
My midweek morning train reads: • Kreuger: The Economics of Rihanna’s Superstardom (New York Times)• Here’s Mary Meeker’s 2019 internet trends report (TechCrunch)• Metadata is the biggest little problem plaguing the music industry (The Verge)• Hanauer: Economic inequality is at the core of American problems. (The Atlantic)• This Deepfake...