Hurricane Harvey will likely be the most costly natural disaster in U.S. history. And I say this knowing there is no accurate way to measure to measure the true loss. You can get a rough estimate of damage to homes and other construction and even to personal property. But it’s impossible to estimate the lost...Read More

Remember, remember the Fifth of November, The Gunpowder Treason and Plot, I know of no reason Why the Gunpowder Treason Should ever be forgot. Guy Fawkes, Guy Fawkes, ’twas his intent To blow up the King and Parli’ment. Three-score barrels of powder below To prove old England’s overthrow; By God’s mercy he was catch’d With...Read More

The following is an excerpt from today’s 5-Day Forecast: Today is Labor Day, a holiday to honor the American worker by giving them a day off. The markets are closed, so you should really stop reading this, step away from the computer and enjoy the unofficial end of summer. But if you insist on reading,...Read More

Because the concept of a holiday celebrating the proletariat deeply offends me, I will anti-celebrate Labor Day by working on Monday, if only for a few hours. It’s a matter of principle, you understand. We don’t have a holiday celebrating the entrepreneurs that take risk, work insanely long hours and actually create new jobs in...Read More

It’s that time of year again. Tomorrow morning, thousands of adventurous (or phenomenally stupid) young men from around the world will run with the bulls in the streets of Pamplona. I was one of those adventurous (let’s be honest — phenomenally stupid) young men once (see “¡Viva San Fermin!“). Though it was over a decade...Read More