Thursday, December 22, 2016


Forecasts are everywhere. But surprisingly, few ask and receive the track record of the forecasters. As a result, we end up consuming a lot of bad forecasts, as we end up hearing from those who are better at entertaining than they are at forecasting. But there is a better way.

Wednesday, December 14, 2016

Off the RAIL

It feels like just yesterday that I was writing about the overly beaten down stock that is FreightCar America (RAIL)...because that's not far removed from the truth. Just last month, it traded at a massive discount to book value. But that discount is now almost completely erased.

Thursday, December 8, 2016

Wednesday, December 7, 2016

The Second Machine Age

There's a lot of doom and gloom out there about where our standard of living is headed. The Second Machine Age explains why the pessimists are wrong.

Friday, December 2, 2016

Dear Chairman

After a mid-year slump where I felt I wasn't getting enough from the books I was reading, I've been on a hot streak lately with some great ones. Dear Chairman is the latest book to get me fired up.