Author Archives: Jack

Damn, back at it again with the fresh links. Good mix this week, some markets, some psychology, some economics. Scott Sumner has a post about how bond yields aren’t surprisingly… Read more »

Short and pithy is the theme this week. Anthony de Jasay compares Pope Francis to Che Guevara: H/t to Alberto Mingardi on this one. This pope has made a lot… Read more »

Happy 4th of July – on this most American of holidays please remember to give thanks for the fact that we have the Fed and not the ECB. Scott Alexander… Read more »

White Coat Investor with one of his best (imo) posts in a while on debt: Anyone with high income and debt would benefit from reading this with an eye toward… Read more »

All economics this week, though I’ve got some financial planning posts lined up for the near future. Alex Tabarrok links to the 80,000 hours career guide: I started watching the videos,… Read more »

David Henderson on the fallacy of viewing trade as a zero-sum game (trump warning). Also, refreshingly correct use of ‘per se’. Trump said: “I just left Los Angeles, thousands of… Read more »

Tom Selling from Accounting Onion on Loan Accounting Standards: This post is very interesting and extremely reminiscent of a piece by Matt Levine about Michael Dell buying out Dell which… Read more »

James Osborne at Bason Asset with a post about the (lack of?) scaling of AUM fees: While I agree that we’ll see some people seize the opportunity to be different… Read more »

Measurements of ‘hot hand’ effects or lack thereof are always interesting, this time, golf. Our results seem to agree with most of the related work on hot hand effects in… Read more »