Monthly Archives: November, 2020
A Small Victory for Free Markets
Late yesterday, Treasury Secretary Steve Mnuchin announced the unprecedented amount of central bank intervention in private credit markets would end on December 31st. The...
Apple Bows to Regulatory Pressure to Cut Services Business Fees
Apple is cutting fees at its app store in half for most developers. Developers who produce up to $1 million in revenue from their...
Why Your Retirement Survival is No Easy Task
You know how I feel about keeping what you’ve made and perhaps working a side hustle.
You Owe it to Yourself to Continue Doing...
An Ugly and Unusual Year for Most Successful Hedge Fund Managers
As we wrote in this month’s letter to our investment counsel clients, it’s been an unusual year.
Renaissance Technologies and Two Sigma Advisers, two successful...
How Can You Make Money in Your Sleep? Read on…
"Are you calling to tell me you bought a Treasury yielding five percent?" my client asked.
"I wish," I responded.
"I remember when they were yielding...