Mr. Market Meets Mr. Tamerlane at Potsdam’s AI
All of us who directly or indirectly (through a pension plan) are involvedin investing have a partner called Mr. Market. Mr. Market is the allegory that Benjamin Graham created to explain the investment world’s moods. Mr. Tamerlane is the phenomenon who became a...Rising Uncertainties and Portfolios: How Do We Invest in an Environment of Linguistic Relativism?
A year before the dawn of the new millennium – during the internet fever – Warren Buffett said at an investors conference that “the inescapable fact is that the value of an asset, whatever its character, cannot over the long term grow faster than its...Oh, That Mistress of Narcissistic Power: A Conversation Among Blaise Pascal, Sojourner Truth, Phocion, and John Steinbeck
The invitation for this end-of-year trip came in early December in a unique envelope. It was sent by Isabella Baumfree, a.k.a. Sojourner Truth. While not revealing the other co-passengers, it described the subject: The pursuit of narcissistic power and the potential...From Homer and the Tragedians to Virgil and the Market Outlook (2025 and beyond)
In the first part of our assessment for 2025, our emphasis was ontroubling spots that could generate turmoil in the markets (such as oligopolistic and oligarchic structures that cancel market forces, inflationary built-in structures, unrestrained/unfounded optimism,...Sign Up for Our Publications
