In Washington, 2025 is beginning to look a lot like 2017. Republicans again control the White House, the Senate and the House, and several economic proposals are again on the table. But a key difference between then and now is that today the Republican majority in the House is far more narrow. This [...]
Notions in personal finance
A quote often attributed to Mark Twain goes as follows: “It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.” This certainly applies to personal finance, and that’s why it can be helpful to take a step back sometimes to revisit some of the most [...]
Market forecast
Michael Burry is a hedge fund manager who gained fame when he bet against the housing market in 2008. When the market collapsed, Burry made a fortune, and that cemented his reputation as a market seer. Burry was later portrayed as the central character in Michael Lewis’s The Big Short. But in the [...]
Art Heist
One spring day in 2022, an elderly woman entered Paris’s Picasso Museum to see a new exhibit. Among the items on display was a decorative blue jacket, which was positioned on a wall next to a portrait of Picasso. The woman liked the look of the jacket so she took it down from its hook, put it in [...]
The Lighter Side of 2024
In the world of personal finance, some topics are serious—and others less so. Since it’s the holiday season, it seems appropriate to look back at some of the lighter stories of the year. Comedian. Back in 2019, artist Maurizio Cattelan unveiled a collection he called “Comedian.” The item that [...]
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