The Gen-Z Paradox

The Gen-Z Paradox

Generation Z is screwing up their financial future by assuming that their financial future is screwed.

The Repurchase Revolution

The Repurchase Revolution

Companies have been gobbling up their own shares at an exceptional rate. There are good reasons to worry about this.

Things Got Better, Slowly

The most important economic story over the last five years is that things got better, slowly.

Dozens of jobs reports, countless earnings reports, a parade of forecasts -- none of the details matter anymore. You could have tuned most of it out. All you needed to know was that things got better, slowly.

That's also the most important economics story of the last 10 years, the last 20 years, and the last century. There were recessions and market crashes and bankruptcies and frauds. But things got better, slowly.

Peter Thiel Disagrees With You

The tech financier and intellectual provocateur has some ideas that may turn you off. But there’s no arguing with his commercial achievements. That’s why Silicon Valley hangs on his words.

Playing the Long Investment Game

The bad news about the short game is that since everyone wants the same thing the pickings tend to be slim, and the few that are found either don't last long or require a substantial combination of creativity, sophistication, opportunism and money. The enormous profits made by high-frequency traders only reinforced the lure of the short game. When the payoff is large enough there will always be people willing to risk whatever it takes—irrelevant either to the odds or the ethics.

For the rest of us there is the long game. Success at the long game requires overcoming considerable emotional and behavioral challenges; so it is far less popular among investors. But that means its abundant rewards haven't been picked over.