At the end of last week, silver rocketed to an all-time high of almost $84. Yesterday, it traded below $71 before recovering to $74 as I write this. That’s approximately a 15% move in under one trading day which is big for a stock and enormous for a commodity. Let’s go through what’s happening in … Read more
Unusually stern disclaimer: I am not a tax or accounting expert. I am not qualified to provide tax advice. In this article, I am telling you how I am thinking about my own tax situation and exposures. You should consult a tax and accounting professional for advice if you have year-end questions. There is … Read more
Hi All, After a very light travel schedule this past year, I’m happy to report that I’m heading to Asia for two months. I’ll be visiting Thailand, Vietnam, and Korea. While I may take some time off during the trip, I typically work the entire time I’m away. Something about the friction of dealing with … Read more
A few years ago, I had the privilege and the pleasure of addressing the cadets in the finance program at West Point. The topic of my talk was “Signal Interpretation” and I wanted to help the cadets understand how to differentiate between information-rich signal and distracting noise. I used many examples from my career as … Read more
