Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Saudi Arabia is not America’s Ally

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At The American Conservative, Daniel Larison reminds readers that Saudi Arabia is not an ally of the United States in any sense of the word. He writes (abridged): The U.S. is not obliged to come to Saudi Arabia’s defense. No matter who was responsible for the attack on their oil installation, the U.S. has no […]

New EU Commission Head Insists on Gender Balance

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At The American Conservative, Bill Wirtz describes the coming European Commission regime, headed by newly installed Ursula von der Leyen as one that will “crack down on people’s personal freedoms, regulate the economy even further, overtax consumers, and distort energy and food prices. Its radical agenda will hurt all Europeans alike.” Not to worry though, […]

The Battle is on to Replace John Bolton

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Can President Trump make a clean break from “Boltonism?” Curt Mills thinks he can, as he explains at The American Conservative. Mills thinks there’s a chance that Trump and Bolton didn’t simply have a personal falling out, but that Trump could make a major policy shift after the ouster of Bolton. He writes (abridged): After […]

Witness the Raw Power of Diversification

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Diversification isn’t only a tool to minimize losses when assets fall in value, it has the power to actually increase your return while lowering risk. Here’s how I explained it in December of 2015 (with the chart and associated text updated to 2017): Calculating the Efficient Frontier You need to look at your asset deployment […]

Somebody Make Trump Read Dr. Perlmutter’s #1 Book

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Given the commander in chief’s known penchant for fast and processed food, someone should make him read Dr. Perlmutter’s #1 book Grain Brain: The Surprising Truth about Wheat, Carbs, and Sugar–Your Brain’s Silent Killers.  The description of the book reads: When Grain Brain was published in 2013, Dr. Perlmutter kick-started a revolution. Since then, his book has been […]

Trump Cannot Replace Bolton from Bush and McCain Teams

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At The American Conservative, W. James Antle, III tells readers that if President Trump wants to achieve the America First foreign policy he campaigned on and that Americans voted for, he cannot recruit a replacement for John Bolton from the Bush/McCain faction of the GOP. Trump’s choice, explains Antle, is either “chart a different course […]

R.I.P. T.Boone Pickens “A True Original”

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T. Boone Pickens, an oil man, investor, and sometime activist, passed away yesterday at 91. Pickens was a true original, whose character was completely unique. The Washington Examiner describes his life here: A swashbuckling character who was known as a hostile takeover specialist but also an advocate for shareholders, he was always ready with a […]

The U.S. Cannot Fight A Large Land War

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Fred Reed, writing at the Unz Review, explains that, as militaries sit unused, they deteriorate, and that commanders who join in peacetime are rarely prepared to contemplate a major war breaking out in their tenure. Perhaps most insightfully, Reed notes that wars rarely turn out at their end as they were expected to at their […]

The End of Great Britain as We Know It?

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Are Britons ready for “the nationalization of rail, water, mail, and electricity distribution; various big tax increases on corporations and the rich; powerful new rights for tenants in any disputes with landlords; legislation to increase the power of labor unions; and pay caps for corporate executives”? This stream of bad economic policies is awaiting them […]