Recently, Debbie and I traveled to Russia, Estonia, Latvia and Lithuania to meet the people, gauge Russian economic progress, and better understand military tensions. In a sentence, we saw very little trickle down in the Russian economy. The Putin crowd has all the money. Prosperity at an upper middle-class level is nonexistent to the eye […]
Archives for June 2019
Mike Bloomberg: No Need to Practice What You Preach
Mercifully, Mike Bloomberg has decided (for the moment) not to throw his name into the hat for a bid at the White House. Last week the former Mayor of NYC gave the commencement address at MIT, where, writes the Manhattan Contrarian, MB used the occasion to “proselytize for huge action of some kind to ‘save […]
The Grand Re-Opening of Lapérouse
Debbie and I know the Lapérouse area well and love it. No Frenchman does not know the names LVMH and Arnault. The re-birth of Lapérouse will be one of our initial stops when we return to Paris in September. The WSJ tells readers: Historic Left Bank Parisian restaurant Lapérouse recently reopened its doors following a […]
Are You Sitting the Bench When You Should Be Winning the Game?
Last week I explained that I don’t miss the boat because I’m always in the boat. The post was an outline of my long-time philosophy for remaining fully invested so as not to miss the best times of market performance. My avoidance of market timing isn’t simply intuitive. In fact, in December 1991 I detailed […]
Learn How Risk Reward & Time Are Related
You cannot possibly save properly for retirement without a thorough comprehension of the miracle of compound interest and the value of time. I like the materials Vanguard has prepared to introduce the risk, reward and time theory to retirement Investors. Click here to kick start your mission to retirement security. You will be glad you […]
Here is How Lawn Signs Forecasted the Trump Victory
In the days before Election 2016 Debbie and I drove down the eastern seaboard surveying the support, or lack thereof, for the candidates for president. We made this trip a number of times throughout the campaign, but our final journey coincided perfectly with the last week of the race. (Read our final five posts on […]
Koch Brother Bill Buys Fake Thomas Jefferson Wine
60 Minutes correspondent Sharyn Alfonsi explains the elaborate scheme that roped in American billionaire wine collector Bill Koch. Bill Koch is the lesser known brother of political activists, Charles and David Koch. Bill split with the family business and used his money to collect valuables, including a vast amount of wine. Some of that wine […]
Pelosi Would Have a Criminal in Most Powerful Position?
During a partisan gathering this week, Speaker Nancy Pelosi sought to prevent constructive dialogue between the executive and legislative branches of our government, reports Heather Caygle in Politico: “I don’t want to see him impeached, I want to see him in prison,” Pelosi said, according to multiple Democratic sources familiar with the meeting. Rather than […]
Despite Past Failure, Connecticut Taxes More and More
Despite what seem to be ever increasing taxes, Connecticut’s politicians can’t seem to pay for all their spending. Every time taxes go up, more of the state’s wealthy residents decide it’s time to pick up and leave. Now, Connecticut is trying to adapt. Rather than raising headline rates on income or sales, Hartford’s Regents of […]
Stop Feeding the Leftist Monopoly on Art
At The Federalist, David Marcus explains the Left’s stranglehold on most art in America. He proposes that the applying the free market model to all art, as it is currently applied to stand up comedy, would create greater product diversity. He writes (abridged): It’s no big secret that arts organizations in the United States skew […]
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