Robert Shiller, who has a pretty accurate gauge of stock market valuation (The CAPE model), came out recently reiterating how the market appears overvalued. In this New York Times article, he details how the market is at its highest level, matching levels not seen since 1929, 2000 and 2007. The problem is, predicting the stock […]
While poking around the internet trying to make sense of what is going on in Ukraine and why Russia is so interested in it, I now have something that at least makes sense. An interesting place to start is this South Stream pipeline that Russia is building in partnership with several western European countries (and […]
A friend asked me the other day my opinion on the Amazon vs Hachette controversy, and I responded that I hadn’t given it much thought. However, that spurred me to do a little thinking on the topic, and it let me to a conclusion that I think both sides are wrong. Apparently the argument between […]
Every once in a while luck turns out to be better than wisdom in investing. My most recent example of dumb luck in investing was Canadian Pacific Railway, an stock position It took back in June 2011. My decision to buy the stock primarily based on the thesis that oil prices would be ramping […]
This chart from the St. Louis fed caught my eye showing a shift away from single family housing since 2010 Back at the dawn of the internet age, I recall speculating with co-workers on whether or not the internet would spur population spread to the suburbs or rural areas, since so much more could be […]
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