My Two Cents

There's been a lot of speculation in the papers the last several days that the recent rise in Treasury yields will cool down private equity...

Domestic Chinese stocks trade at stratospheric price/earnings multiples. It's essentially a closed market to foreign buyers. There is a search on...

The New York Times has a compelling story on the surge in private student loans. The private student loan market is disturbing. Students are taking...

Remember the employee discount pricing come-on of the Big Three? Well, here's more evidence why the Big Three auto companies are in trouble....

It's graduation season. This Stanford University graduation address by Steve Jobs is one of the best I've ever read. He delivered it in 2005, but...

Financiers may pocket gargantuan paychecks, but they get no respect. There is a widespread sense that financiers don't create anything of value, at...

The Internet pioneer Marc Andreessen, co-creator of the web browser Mosaic and co-founder of Netscape, has a blog. It is well worth reading....

We're going through a periodic inflation scare. Basically, with central banks tightening (Europe) or standing firm (U.S.), and long-term interest...

The pressure for genuine health care continues. The good news is that Democratic candidate Barack Obama has come up with a serious approach for...

I have a review of Pop! Why Bubbles Are Great For The Economy by Daniel Gross. It's a quick read. Time well spent....