Looking at the Large Numbers

I friend of mine asked me what the Global Money supply was. I just so happen to know that number. It is around $100 trillion. That includes the world’s total M2 money supply, all the physical cash in circulation, plus deposits, promissory notes, and other liquid money instruments. Writing for The Economist magazine in London […]

THE WASHINGTON GENERALS STRATEGY

(AMD), (NVDA), (MSFT) Only in tech investing can “not being NVIDIA” be considered a character flaw. Last month, I was at yet another tech conference — you know the type, where VCs sip overpriced lattes and argue loudly about things they only half understand. One particularly confident investor declared, with a smirk, that “betting on […]

The Market Outlook for the Week Ahead, or Heading into Stall Spead

Every pilot dreads a stall. Pull your nose up so high that you are unable to maintain adequate speed, and your plane flips over and enters a spiral dive. Those who are skilled at stall recovery can right their plane in seconds and live to fly another day. Those who don’t meet a violent end. […]