Category: odds and ends
What’s old is new again
A few things that made me go, ooh, that’s interesting. What’s old is new again The Lindy Effect is this notion that the longer something survives, the less likely it is to die. When it comes to frauds, pump and dump schemes are Lindy. Pump and dump schemes have been going strong for over 400+ years since the…
SPACtacular
A few things I learned this week. The post-2008 period was like a rave party for the financial markets. The central banks around the world had the hottest parties with cheap tickets, booze, and food. The parties were all the rage for well over a decade. But, it was 5 AM in 2020, and the…
Yield curve meets Munger
Here’s what I learned this week. One thing is that I’m going to be poor, but here are a few other things. Charlie Munger famously said, “There are all kinds of tricks that I just got into by accident in life. One is to invert all the time.” Looks like the US bond yield curves…