Monthly Archives: March, 2024

Investors Are Fat, Dumb, and Stupid

Let’s imagine it’s 1999. You’re about to retire. You had a good career. And like anyone else invested in stocks, you’ve had a good...

U.S. Producing More Oil and Gas than Any Nation Ever

David Blackmon of The Telegraph reports that the US is producing more oil and gas than any nation ever has. He writes: The US Energy...

China Goes Head-to-Head With U.S. Over EV Subsidies

Sha Hua of The Wall Street Journal reports that Beijing is challenging the Biden administration’s Inflation Reduction Act, which it calls discriminatory. Hua writes: China filed...

Crude Oil Could Hit $100 a Barrel

Alex Longley and Josyana Joshua of Bloomberg report oil prices pared their declines as U.S. crude inventories rose less than expected. They write: Oil pared declines as US...

Baltimore Bridge Collapse to Cost Billions

Noi Mahoney of Freight Waves tells his readers that the Port of Baltimore handled over $80 billion worth of cargo in 2023, major companies...

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Financial Armadillo: Are You a Compounding Machine?

UPDATE 3.11.26: You may have been following Dick Young's...

War Is Expensive

Since the United States and Israel began bombing Iran...

There’s Nothing Wrong with Making Money Slowly (Part 17)

Beware of the get-rich-quick schemes engineered by Wall Street,...

There’s Nothing Wrong with Making Money Slowly (Part 16)

There’s nothing wrong with making money slowly, but let’s...

Europe and Asia See Lower US Oil Shipments Amid Domestic Stockpiling

In 2025, US crude oil exports fell 3%, mainly...

Kharg Island Could Shift Middle East Conflict

Kharg Island, a key Persian Gulf hub, handles about...

There’s Nothing Wrong with Making Money Slowly (Part 15)

“He always took good care of me,” she said....

Saudi and UAE Pipelines Offer Limited Bypass Around Hormuz

The International Energy Agency (IEA) factsheet on the Strait...

US Existing‑Home Sales Rebound 1.7% in February

The Existing‑Home Sales data from the National Association of...

The Strait of Hormuz: Oil’s Global Chokepoint

The Strait of Hormuz remains a vital chokepoint for...