The two most important names in making 1955-1965 rock and roll the most popular music of the that era were Bill Haley, a Country & Western singer who performed the grand experiment of introducing white audiences to R&B; and Elvis Presley whose high-quality voice, singing style, good looks and sensual stage presence were a magnet […]
Dave Hammer: Way Down on the Swanee
Originally posted July 1, 2015.
So Easy When You Know How
Churchill on Socialism, Jealousy, and Misery
Originally posted May 21, 2015. Dave Hammer’s Wealth Creation Postulate “If through one’s individual endeavors, that person becomes wealthy, such person creates a bigger economic pie from which we all benefit.” It is not so important that someone’s share of the wealth of an entire economy gets bigger when that person earns a good fortune; […]
Peak Oil: Who Knows When?
Over 50 years ago M. King Hubbert published his theory which has become known as the Hubbert Curve. Simply put, when you reach peak production of a finite resource, then half of the original reserves have been produced and the remaining half will be produced in a decline pattern that is a mirror image of […]
Who Is Our President?
Since I was born, there have been twelve U.S. Presidents. I’ve been in the homes of two, one has been in my home, and some have sent me personal, handwritten correspondence. They include JFK, Jimmy Carter, Eisenhower, and both Bushes. Ever since I was a child, I knew quite a bit about our country’s current […]
Barack, Nancy and Harry’s “No Stimulus” Plan
There were three earth-shaking events in the year 1776: The American Revolution, the publication of Wealth of Nations and the invention of the “cocktail.” The latter was invented by my great-great-great-grandmother (originally from a small village in Denmark) who owned a New York tavern catering to Revolutionary soldiers and decided to decorate her alcoholic concoctions […]
The 1970’s Most Underrated Songwriter
Sometime in 1971, I got home from work and found a case of expensive wine from someone named Bill Parsons at my front door. Well, the only Bill Parsons I had ever met was the guy who supposedly had written and sung the country/rock crossover hit All American Boy over ten years earlier. But, I […]
Equity Risk Premiums Still too High
If the equity risk-premium (versus Treasuries) were to return to its historic average of 4.5%, the S&P would be 50% higher than it is today. Now, I don’t know when or if that will happen, but my numbers are based on real facts: the historic spread between corporate bonds and Governments, the least-squares regression of historic […]