Last week we asked Mr. Market to establish the playing field for our investment contest. This week we’ll check in to see how our contestants are faring.
On the last day of March (last week), we launched our own, far more interesting version of March Madness, namely, an investment contest.
I’ve been in the business of advising wealthy families for forty years. (Actually, it’s been longer than that, but I’ve reached the age where everything gets rounded down.)
Without courage all other virtues are useless. Edward Abbey, Desert Solitaire
Headline of the future: “Oat Bran – the Silent Killer.” (Woody Allen or David Letterman, I forget which)
What have future generations ever done for us? Groucho Marx
In my last post we looked at the need for “change” in one controversial domestic sector, education. But since that wasn’t nearly contentious enough (I only got about 400,000 death threats), let’s move on to something really controversial, namely,
In my last few posts we looked at some of the more controversial “changes” in the international arena that seem to be demanded. Now we’ll turn to the domestic sector, beginning with:
Last week we examined one of the “changes” Americans are looking for, and we focused on Russia. This week let’s look at a remarkably similar situation, namely:
Last week we solved the problem of reforming a defective Affordable Care Act in a simple and brilliant manner. Alas, not all the changes Americans want – and voted for – will be so simple to effect. For example, let’s turn to: