July 24, 2019 – Quote of the Day
“The government is now the biggest impediment to economic growth,” said my old friend Steven Rattner of the Quadrangle Group.
Entries by MHFTR
July 22, 2019 – Quote of the Day
“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones,” said Nobel Prize winner Albert Einstein.
Storage Wars
No, this piece is not about the TV reality show that has a gruff lot of hopeful entrepreneurs blindly bidding for the contents of abandoned storage lockers. With hyper-accelerating technology creating data at an exponential rate, it is getting far too big to physically store. In 2018, over $80 billion was spent on data centers
The Death of the Mall
We’ve all heard this story before. Malls are dying. Commerce is moving online at breakneck pace. Investing in retail is a death wish. No less a figure than Bill Gates, Sr. told me that in a decade, malls would only be inhabited by climbing walls and paintball courses, and that was a decade ago. Except
Quantitative Easing Explained to a 12-Year-Old
I know it’s been three years since the U.S. dumped its reflationary policy of quantitative easing. However, Japan and Europe are still pursuing it with a vengeance. So, it’s best to be familiar with what it is. For a quick tutorial please watch the highly insightful and humorous video. Click on the link below to
July 17, 2019 – Quote of the Day
“I had no idea Amazon would produce this kind of performance. I blew it,” confessed Oracle of Omaha Warren Buffett.
July 12, 2019 – Quote of the Day
When asked how he manages the time to be chairman of Microsoft, run the world’s largest charity, and raise three kids, Bill Gates answered, “I don’t mow the lawn.”
July 11, 2019 – Quote of the Day
“Though the preachers of pessimism prattle endlessly about America’s problems, I’ve never seen one who wishes to emigrate (though I can think of a few for whom I would happily buy a one-way ticket),” said Oracle of Omaha Warren Buffett.
July 10, 2019 – Quote of the Day
“Traders are very good at looking at the second hand on the clock, but not so good with the hour hand,” said Gene Munster of venture capital firm Loup Ventures.
July 8, 2019 – Quote of the Day
“By historic, fundamental measures, stocks are extremely high. PE multiples are at 100-year highs. But if you look at stock prices relative to interest rates, they are exactly where they should be,” said hedge fund legend, Stanley Druckenmiller.