Where is Edward Quince?

  Every technological revolution begins with scarcity and ends with abundance. AI is no different. The revelation that models could be train...

  The CAPE ratio is often misunderstood. Critics complain it doesn’t time markets. That’s true. And irrelevant. CAPE is not a clock. It is a...

Nick Sleep’s insight was deceptively simple: some businesses become stronger by charging less , not more. This runs directly against convent...

  Hyman Minsky’s insight is unsettling because it doesn’t blame shocks. It blames comfort. Periods of stability change behavior. Risk-taking...

Sharing a story told by author, journalist, podcaster, Cal Fussman regarding Dr. King's famous "I Have a Dream Speech": Cal: [...

  Every market cycle begins with a compelling story. This one usually starts with the phrase “structural change.” New technology. New produ...

  Is it a bubble, or just expensive? David DeRosa suggests applying Occam’s Razor : start with the simplest explanation. Expensive Is Not Ir...

  Paul Volcker once recalled being told by the White House not to raise rates before an election. He did it anyway. That story is the except...