I was about to fill out my ballot at an early voting station last Friday when Homer nudged me: “Do you recall the island of Ismarus?” “Of course, I do”, […]

In 1632, Galileo got permission from the Florentine censors (of the infamous Inquisition era) to publish his findings under the pretense of a hypothesis. The form of the book was […]

Vienna in the 1920s became the center of logical empiricism, which crowned rational knowledge and scientific discoveries as the primary sources of discovering truths and advancing progress. Just in the […]

What does the sharp fall over the course of a few days of tech-oriented stocks – as reflected below – represent? The Nasdaq dropped by 5.8% between September 2nd and […]

What a week that was! It seemed that anywhere we turned our sights, signs of volatility were dancing over our heads. The objectives of this commentary are twofold: First, to […]

Power does not guarantee security. Preserving the global order is costly. Restraining the forces that aim at destabilizing the global order is even costlier. The fate of the dollar and […]

What has been happening with European stocks (ticker EZU below) since the beginning of the month? Why have they lost more than 6%, while the S&P 500 (ticker SPY) and […]

In the first part of this two-part series, we outlined four possible scenarios that make up Mr. Uncertainty. Antigone stood up to Creon which represented the epitome of self-destruction not just for […]

Last weekend the Financial Times published an article by Ruchir Sharma, titled “What went wrong with capitalism”. Sharma is an analyst whom I highly respect, and in his book The Rise and […]