How the GOP Lost A Slam Dunk Election
As Donald Trump’s poll numbers crash to Earth the autopsy team is starting to assemble to assess what exactly went so wrong with the 2016...
Author : PRAGMATIC CAPITALISM
Do the Financial Markets Prefer Clinton or Trump?
I recently got an email from someone who said they were going to sell all of their stocks until after the election was settled. They...
Three Reasons I Bought a New Home
If I’ve seemed unusually busy in the last 6 weeks there’s a good excuse for that – we bought a new house. Our first house, actually....
Chart of the Day: Golden Era of Low and Stable Growth
One of the dominant themes in economics these days is that low growth means we are worse off. Some people call this “secular stagnation” or...
Do Trump’s Taxes Matter?
The release of a 1995 Donald Trump tax return could become the turning point of the 2016 Presidential Election. But how much does this really matter?...
Bull Markets are the Hardest Part
There are two difficult times to be an investor – when the market goes up and when it goes down.¹ We all know the difficulty of...
The Problem with Modern Banking
When it comes to free markets and competition I am always more inclined to side with the idea that competition is a good thing that...
21 Questions….
The good people over at Guru Focus did a nice Q&A covering 21 questions that you may or may not find interesting. It’s pretty short...
Why I Prefer to Think of Stocks as Bonds
Bonds have always struck me as fairly simple instruments. In general, you know what a (high quality) bond’s return will be and you know what...
Warren Buffett is (Actually) Losing His Hedge Fund Bet
Back in 2008 Warren Buffett made a famous bet with a big hedge fund.¹ Buffett bet that the S&P 500 would outperform a fund of...