Tripping Over The Truth

The war against cancer has not gone well. A great deal of resources has gone into fighting this massive killer, but the casualty count continues to rise. In the fascinating book Tripping over the Truth, author Travis Chistofferson discusses how we have probably poured a ton of money down the drain chasing down a flawed theory. There is a better hypothesis about what causes cancer, and it is leading to more effective treatments and even cures.

The Power of Habit

"The Chains of Habit Are Too Light To Be Felt Until They Are Too Heavy To Be Broken," is one of my favourite sayings. Habits have a way of controlling us, and so the more we know about them, the more we can help ourselves. The Power of Habit: Why We Do What We Do in Life and Business is all about this topic.

Beazarre

I just love steady businesses with volatile stock prices. Beazer Homes is a stock I've bought and sold a number of times over the years. Now that the pandemic has brought home builders back into favour, I've sold my shares.

Karsan Value Funds: 2020 Q3 Results

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site.

The Deficit Myth

As a society, we spend a lot of time worrying about debt. Consumer debt, household debt, municipal debt, state/provincial debt, federal debt etc. But one of these types of debt is not like the other: the federal government creates currency out of thin air, therefore its debts don't matter. So says Stephanie Kelton in her book, The Deficit Myth.

Caste

Despite the belief among many Americans that they live in a meritocracy, income and wealth disparities among racial lines persist. In Caste: The Origins of Our Discontents, Isabel Wilkerson argues that America actually lives in a caste system on racial lines.

Friedman Industries

While a certain sector of the market does seem overheated, I'm finding plenty of value opportunities around. Much of the market is still behaving like one in recession, and that's probably a good place to invest for the long term. One example is Friedman Industries (FRD), a steel processor.