In 2003, Warren Buffett wrote an article with a proposal to address the trade deficit. It deserves more attention in the current tariff debate ...
Without a basic level of trust regarding the intentions and expected behavior of other human beings, our modern civilization would very quickly disintegrate into chaos ...
Solving the puzzle of creating an online business is an interesting challenge. This post announces a new paid subscription offer for The Rational Walk delivered via Substack ...
Geopolitical tensions are rising, calling into question longstanding deep economic ties between the United States and China ...
Elon Musk is losing the plot by making basic security a paid feature on Twitter. By reducing confidence in the platform, advertisers may reduce or eliminate their spending ...
Twitter should consider implementing a charge for account verification that is based on number of followers. Verification is likely to be much more valuable for large accounts with greater ability and willingness to pay ...
Recent research suggests that inflation, adjusted for methodology changes, is getting close to the peak of the early 1980s, casting doubt on the sufficiency of the Fed's response ...
Politicians and economists seem baffled by low consumer confidence in the midst of low unemployment. One explanation is that rampant inflation is hammering the poor ...
"You know, if baseball umpires were on the front page of the sports section every week, you'd know something was desperately wrong with the game." — Jim Grant referring to central bankers Scandals that dominate headlines typically involve obvious ethical ...
The Federal Reserve's recent decisions have demonstrated epistemic arrogance and magnified risk by failing to properly acknowledge the inherent limits of their power ...
It is no accident that the rapid rise in living standards over the past century has coincided with tremendous technological progress throughout the economy. At a fundamental level, rising living standards require the economy to generate an ever-increasing supply of ...
Executive compensation has always been a highly controversial topic. Shareholders of public companies have often been critical of pay packages that appear to have little connection to underlying business performance while politicians and activists have criticized high executive pay in ...
Charles de Vaulx is a partner, portfolio manager, and chief investment officer at International Value Advisers. We are pleased to publish selected excerpts from a recent interview in which Mr. de Vaulx shares insights on his "eclectic" investment portfolio ...
One of the most important task investors face involves identifying distortions in a company's financial statements which may obscure actual economic performance or distort comparisons with other firms in the same industry. In this article we take a look at ...
Natural gas has remained cheap relative to crude oil for much longer than expected. In this article, we discuss the ongoing depression in the price of natural gas and the implications for industrial users and investors ...
"At Oaktree, we believe that because there’s so much we can’t know about the future, we should invest only where our analysis tells us the worst case is tolerable." -- Howard Marks, memo to clients (pdf) dated March 11, 2003 ...
Santangel's Review has published an eleven page transcript of the FCIC's interview of David Einhorn, President of Greenlight Capital. Read this article for more details and a link to the transcript ...
Investors like to examine pricing anomalies, particularly related to commodities that could be viewed as substitutes but trade at radically different prices. One barrel of crude oil has approximately six times the energy content of one thousand cubic feet (mcf) ...
According to the latest reports from New Zealand, the death toll from Tuesday's 6.3 magnitude earthquake has reached 113 and is expected to increase further as the grim recovery efforts proceed in the coming days. In terms of financial damage, ...
Last year we published a short article on value investors finding opportunities in India and highlighted the record of Amitabh Singhi who spoke at the Value Investing Congress in October 2010. Although China has received the bulk of attention from ...