April 12, 2024 - Quote of the Day
"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.
Entries by MHFTR
March 28, 2024 - Quote of the Day
“Lower yields, for longer, and lingering. I don’t think we’re going to get to an end for some period of time. The money that has been pumped into the system is going to keep equities high,” said Mark Grant, managing director of Hilltop Securities.
The Death of the Mall
We’ve all heard this story before. Malls are dying. Commerce is moving online at a breakneck pace. Investing in retail is a death wish. No less a figure than Bill Gates, Sr. told me before he died that in a decade, malls would only be inhabited by climbing walls and paintball courses, and that was
Welcome to the Deflationary Century
Ignore the lessons of history, and the cost to your portfolio will be great. Especially if you are a bond trader! Meet deflation, upfront and ugly. If you look at a chart for data from the United States consumer prices are rising at an annual 3.2% rate. The long-term average is 3.0%. This is above
Testimonial
Your background is very impressive and intriguing. You definitely have a lot of valuable and unique experience. I read your most recent post on activist investing and couldn't agree more. I have always been a fan of activist strategies because even under an assumption of efficient markets, activism can still generate alpha in theory. I
March 13, 2024 - Quote of the Day
“Green technology is one of the best investment opportunities we’ve ever seen. We are used to seeing billion-dollar market opportunities. Here we’re seeing a trillion dollar opportunity,” said venture capitalist Steve Jurvetson.
February 23, 2024 - Quote of the Day
“If the yen goes to ¥150, what does Toyota do to Ford,” said Barry Sternlicht, CEO of the private equity firm, Starwood Capital.
How Free Energy Will Power the Coming Roaring Twenties
With the price of Texas tea barely scratching $78 a barrel today it is time to revisit the doomed future of this ancient energy source. With energy stocks now trading like they’re having a going out of business sale, you have to wonder if the sector will ever come back. The short answer is short-term
February 21, 2024 - Quote of the Day
When asked about the urban legend that the vaults at Fort Knox are empty and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, "I've been to the basement of the New York Fed. The gold is there. I've seen it."
February 15, 2024 - Quote of the Day
"I can calculate the motions of heavenly bodies, but never the madness of crowds," said Sir Isaac Newton, the inventor of calculus and discoverer of Newton's Laws who lost his entire fortune in a 17th century investment scam called "the South Sea Bubble."