Monthly Archives: May 2013

Social Mood: The Change Agent

Plus je vois les hommes, Plus j’admire les chiens (The more I see of man, the more I like dogs) —French proverb It’s a fractious time: Narrow mindedness, intolerance and mean spiritedness drive much of our public policy. Civility and discourse in politics have been … Continue reading

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The Dollar is Dead, Long Live the Dollar

Ask the young. They know everything —Joubert Mainly, Bill bought commercial real estate. He was good at it. “I can’t stand to have cash,” he told me, “I have to get it working” The conversation took place in the early eighties. It was a … Continue reading

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The Foolish Fearless Crowd

Whatever else happens, we shall remain stupid —Flaubert Suddenly, the hot shots that drove the financial system into the bailout bin five years ago are back–in force. According to the Wall Street Journal, white shoe Wall Street banksters are “Turning out (the same) structured products (mostly … Continue reading

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The Bull/Bear Debate at New Highs

You don’t have to be a suit to wear one —George Zimmer, the guy in Men’s Warehouse ads This week in Barron’s, Randy Forsythe writes about Leon Black, head honcho of a hedge fund. Mr. Black figures to be an outright mental defective–he’s … Continue reading

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