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Sentiment versus Spending
“What you do speaks so loudly that I cannot hear what you say.” -Ralph Waldo Emerson, “Social Aims” (1875) I am not a big fan of most surveys: Consumer surveys, holiday shopping surveys,...
View ArticleWhy This Economic Cycle Is So Confusing
Ritholtz Wealth Management CEO & “Masters in Business” Host Barry Ritholtz discusses what he thinks is leading to rising inflation in America and what needs to be done to bring it down....
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Origins of Latte Nonsense
“Buy Yourself a F*^king Latte” was one of the more popular pieces I wrote in 2019. It was a debunking of a ridiculous claim by Suze Orman that buying coffee was like “peeing $1 million down the...
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If It Sounds Too Good To Be True…
How would you like to buy a Rolex — brand new, with papers and box — for MSRP? Prices have skyrocketed for used timepieces, and it would be perfect to nab that Daytona or Batman you have been...
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Grinch: Ignore Black Friday Retail Forecasts
It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. You can rely on the latter being ubiquitous and wrong; some by a little, most...
View ArticleMiB: Benjamin Clymer and Jeffery Fowler of Hodinkee
This week, we speak with Benjamin Clymer and Jeffery Fowler of Hodinkee, the preeminent website for enthusiasts of modern and vintage wristwatches. Clymer, who’s been dubbed “The High Priest of...
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Ramit Sethi on Living Richly
This week, we speak with entrepreneur Ramit Sethi, who is the founder and chief executive officer of the online education platform I Will Teach You to Be Rich (IWT), which attracts more than 1...
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iPhone Update
Do not buy an iPhone 15. But you might want to buy an iPhone 15 Pro or Pro Max. The war is over. Apple won. It vanquished Android. HUH? That can’t be right, wasn’t Android supposed to kill the...
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The Enshittification of Amazon Continues…
In August of 2022, I explained how Amazon became ordinary. Today I want to discuss how they have become bad. Since I first discussed the companies that lost my affection during the pandemic nearly...
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Costco
Every rich person needs to go. Not to one in the tony suburbs, but the inner city, where all classes meet. That’s one of the main problems in America today, the classes don’t interact, therefore the...
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