Friday, November 9, 2018

EURN or You're Out

I think Paddy Rodgers is doing a tremendous job running crude oil shipper Euronav, but I've decided to sell my shares.

Wednesday, November 7, 2018

World After Capital

In World After Capital, Albert Wenger argues that capital is no longer scarce. We have all the capital we need to meet our "needs", and so our society should be restructured to instead maximize what's scarce. What does he deem scarce? Attention.

Sunday, November 4, 2018

The New Home Company

Beazer is not the only home builder I like right now. The New Home Company is also a profitable home builder that I think trades at a big discount to its intrinsic value. I bought it last week on some extreme volatility as the markets tanked.

Saturday, October 27, 2018

The Billionaire Raj

India is the largest democracy in the world, but its institutions have not met the standards necessary to propel the country into the group of "developed" countries. Perhaps that's an unfair ask, however, as the country is a relatively young one, having come out from under British rule only after World War II. In The Billionaire Raj: A Journey Through India's New Gilded Age, James Crabtree compares India today to the United States during the era of the robber barons.

Wednesday, October 24, 2018

Beazer, Again

I appear to have an on-again off-again relationship with Beazer Homes because it's price is so darn volatile. As previously discussed, I've bought and sold this one in the past. Now that the price has tanked once more (its down about 60% over the last year), I'm back in.

Friday, October 12, 2018

The Laws of Medicine

Medicine is a lot further from being a "science" than most people think. Physics has certain laws wherein things can be predicted given a number of factors. The state of the art of medicine is nothing like that. What works for some doesn't work for others, and in most cases nobody knows why. In The Laws of Medicine: Field Notes from an Uncertain Science, surgeon Sid Mukherjee makes an argument for some very general laws that, once understood, can go along away towards improving our health processes.

Follow by Email