For the last two years, I have been writing about the promise of Artificial Intelligence, noting the extraordinary, ...
This week could mark something that hasn’t happened to me in years—I may end up selling my shares of AbbVie (ABBV) at a price ...
As you might imagine, I literally get scores of emails loaded with information every day. On Mondays, it can approach 100. As a self-confessed information junkie (is there a 12-step program for us?), ...
“Not everything that can be counted counts, and not everything that counts can be counted.” — William Bruce Cameron Last week we looked at the Federal Reserve’s inflation problem. This week, let’s ...
The FOMC raised rates by 25 basis points. So, what did we learn? As it turns out a great deal and it’s very important. Couple that with what is happening in Japan and long rates in general around the ...
“Economic progress is the work of the savers, of the inventors, and of the entrepreneurs.” — Ludwig von Mises, Human Action For the past six weeks, we’ve walked through the forces creating America’s K ...
The truth about the runaway costs of healthcare turns out to be a little more complex than any single source we've named. Hospitals, insurers, private equity, administrators, pharmaceutical companies… ...
Artificial intelligence is the topic of the day. It seems everyone has an opinion but not much actual factual knowledge. I’ve been dragging emails and research into my AI folder for a very long time.
"The price of monopoly is upon every occasion the highest which can be got... the highest which can be squeezed out of the buyers, or which it is supposed they will consent to give." — Adam Smith, The ...
"After bread, education is the first need of the people." Note the word “requires.” Our founders believed education is a prerequisite to the survival and success of the American experiment. This week ...
It’s almost always a stock that yields 2% or less. If I know a little about the company, I’ll start by saying something positive before I say, “Ah, well, I don’t really cover that one because I ...