The Marshall Plan: Drawing From the Lessons of History
I need not tell you gentlemen that the world situation is very serious. That must be apparent to all intelligent people. … In considering the requirements for the rehabilitation of Europe the physical loss of life, the visible destruction of cities, factories, mines, and railroads was correctly estimated, but it has become obvious during recent months that this visible destruction was probably less serious than the dislocation of the entire fabric of European economy. … I need not tell you gentlemen that the world situation is very serious. That must be apparent to all intelligent people. … In considering the requirements for the rehabilitation of Europe the physical loss of life, the visible destruction of cities, factories, mines, and railroads was correctly estimated, but it has become obvious during recent months that this visible destruction Today we provide a brief review of the short-term spikes in some of the stock market’s most speculative stocks.
Electric Vehicles Are Bringing Out the Worst In Us
A(nother) Rant About America’s Blossoming Love for Battery Powered Vehicles In November last year we published Tesla Gas Mileage & The Philanthropic Rush to Ruin. The rant tried to explain how the all-or-nothing approach to ditching gas-powered cars for battery electric vehicles was a mistake. Citing research from environmentalists, we highlighted the impending economic, social and environmental crisis from lithium. Subscribers recently sent us articles from The Guardian and The Atlantic published in January of this year. While taking different approaches, both explain that battery electric vehicles
Ways Innovation is Aiding the Food Insecure
All too often, discussions of new and next-gen tech focus on effects on consumers and markets in more developed parts of the world. We thought it worth highlighting examples of cutting-edge tech being created and implemented to deliver immediate aid to communities and populations that need the most help.
Out with the Old In with the New: What Chat GPT Means for You
Definitions and Generally Accepted Interpretations: 1. Something new is replacing something that is old or out of date , 2. Life improves by replacing old things with new things. 3. To discard older, legacy technologies or ideas, with new and improved technologies or ideas Out With Old In With New: Good for You The history books are quite clear on the matter: over the long arc of human history, life has improved. Generally speaking “out with old, in with new” has helped human beings live longer, healthier and safer lives. As recently as 1900, average life expectancy in the US was barely 48 years. By 2020 the number had jumped to 79 years. Progress.
As anyone with a wallet and an email inbox can attest, we live in an age of unprecedented crowding in the philanthropy and charitable giving space. Americans donated $485 Billion in 2021, and with charitable organizations jockeying for the biggest slice of that pie, many folks seek out the organizations that are delivering the most benefit. This is why we want to take a moment to highlight the charity Disabled American Veterans (DAV).
The Kindness of Strangers
We think it is worthwhile to ask: what do we lose when we close ourselves to interactions with people in our everyday lives?
George Noble, Finance, Fools & The Meaning of Multiples
A Rant About a Rant From one Boston Hedge Fund Manager to Another - An Introduction to George Noble
Private Equity Returns: Are Private Markets “Safe”?
Multiple Expansion and Two Markets to “Three Markets” – The High Risks to Small Investors In his legendary book A Margin of Safety, Seth Klarman explains what few investors ...
Is Richard Sylla a Legendary Forecaster in Hiding?
What is the Future Outlook for the Stock Market? If you are reading this, the odds are you read our recent CFTC that discussed the incredibly consistent pattern of ...
Andrew Jassy Amazon’s Next Bob Nardelli?
Andrew Jassy Amazon’s Next Bob Nardelli? So this morning Amazon turfed numbers and guidance. The company missed on both revenues and profits for Q3. The company explained that the ...
Beware of Greeks Bearing Bonds: A Lesson for Today?
Beware of Greeks Bearing Bonds: A Lesson for Today? In a 2014 interview, the legendary financial writer Michael Lewis commented that when he wrote Liar’s Poker - the legendary ...