Dive into the archives.
- What’s Really Happening in the Market….
If you’re paying attention to the media commentary, you’re chock full of the knowledge that a) the green shoots of recovery are harbingers of new global hope; b) we are in an extended bear rally; c) the strength of the market is based on our reduced expectations; d) we are approaching another roller-coaster dip, after [...]
- Bartleby and the Avoidant Personality
I woke up one morning last week, thinking about Bartleby the Scrivener. It was a few days after my last posting, which had related to Bartleby via two Welsh Academics and one Slavic Lacanian, which is an oblique route to Herman Melville, and Bartelby— who worked, as it happens, in an establishment very close to [...]
- On Not Wanting To Know
The tragedy that becomes indifference begins with an unexamined difficulty of human capacity awash in information.
There are too many details to understand. We take in what we can tolerate, mark it in its importance to us at the moment, and move on. There is just so much any one of us can absorb. While our [...]
- What Banks Know
Some years ago, before Depression panic gripped the world, I had the opportunity to consult with several members of the banking industry. Each was involved in an obscure area of work, destined to become headline news within a few years. And whether discussing complex derivative trades or the structuring of collateralized debt obligation tranches, each [...]
