Note to Baby Boomers with adult children: This book review is for you. Buy a copy for your Millennial children and encourage them to read it. Getting started early will make an incredible difference over the course of their lives. Most readers of financial books and news today are Baby Boomers or early Gen Xers, as...Read More
Bourbon whiskey lovers rejoice: Production of your poison of choice has risen to levels last seen in the 1970s. For whiskey to legally meet the definition of “straight bourbon,” it must be aged a minimum of two years in new charred oak barrels, and many of the high-end, small-batch bourbons so popular with the hipster crowd...Read More
Great presentation by Mohnish Pabrai, one of my favorite investors and author of the Dhando Investor (see my review here). I’m not sure I agree with Pabrai that Google (GOOG) is future proof, but then, I’ve consistently underestimated Google over the years…at my loss. At any rate, if you haven’t read the Dhando Investor, I recommend...Read More
Well, it happened — again. The 10-year Treasury fell all the way to 2.3% last week on a string of bad geopolitical news and mixed economic data. The last time yields were this low was June of last year, in the early stages of the “Taper Tantrum.” Could yields continue to go lower? Sure, they could....Read More