Officials in South Dakota have figured out how to make up for the complete collapse of their oil fracking industry. They are morphing the Peace Garden State into a major offshore banking center. South Dakota is not alone. Some 200,000 corporations. Limited liability companies and family trusts are registered in remote Stateline, Nevada, on the […]
Author Archives: DougD
“Homo Sapiens, the first truly free species, is about to decommission the natural selection, the force that made us,” said E.O. Wilson, a Harvard University biology professor.
“The future ain’t what it used to be,” said the former New York Yankees baseball manager, Yogi Berra.
Thank John for his ceaseless banter. I enjoy this service so much. Great stories!!!! I hope our paths cross soon. Thank you. Bill North Carolina
When I was growing up in Los Angeles during the fifties, the most exciting day of the year was when my dad took me to buy a Christmas tree. With its semi-desert climate, Southern California offered pine trees that were thin and scraggly at best, and we didn’t want to chop down the view that […]
It is the end of the semester at the University of California, and as a single parent, the unenviable task of retrieving my daughters out of the dorms for the holidays fell to me. When I arrived, I was stunned to find nothing less than a war zone. Both sides of every street were lined […]
“The longer you wait to fire someone, the longer it has been since you should have fired them,” said Elon Musk, founder and CEO of SpaceX and Tesla Motors.
The Diary of a Mad Hedge Fund Trader is read in 140 countries. About a quarter of our readers run the letter through Google Translate before reading. That has created a problem. Stock trading is probably the most slang and acronym-ridden profession on the planet, second only to the United States Marine Corps. (Semper Fi). […]
“Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate,” said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds.
“Bull markets go everywhere from 1-2 years to five years after the Fed begins tightening. We’ve got a long way to go before we have to worry about bonds competing against stocks,” said Professor Jeremy Siegel of the Wharton School of Business
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