Risk is Mispriced Because Money Managers Face no Risk
Here’s what risk looks like: Having to tell your six-year-old son that you don’t have a birthday present for him because you didn’t have any money left after buying food…
Here’s what risk looks like: Having to tell your six-year-old son that you don’t have a birthday present for him because you didn’t have any money left after buying food…
…tail chasing, rather than real investment. WHERE THE MONEY HASN’T GONE Here is a look at average hourly earnings, the typical income of a working stiff, presented on a log…
…the money, and what we can get with the money we have left after paying taxes, we COULD decide that it is just the price we have to pay to…
by Linda Beale Repatriation Holiday Lobbying–Money Speaks… We’ve discussed repatriation before–the tax break being pushed by multinationals who want to bring some of their offshore profits home without paying taxes,…
…the borrowed money on your books as borrowed money. that is, as a debt that you owe. This is the case with Social Security. The government knows and legally acts…
…time by means of story . 6. One of these stories is money. Money is a creature of time. Money is the story which allocates the stuff across time. 7….
…aliens for years. They will keep the money they have collected and they will not pay out any benefits (except fraud) in the future. So this money is “free”. I…
…money supply as being quite as effective as normal. The money is going to fill in a big hole the financial industry created in its collective balance sheet, and isn’t…
by Dale Coberly HOW MUCH MONEY DOES A MAN NEED A morality tale Leo Tolstoy tells a story about a Russian peasant who makes a deal with the Devil. The…
…guarantees outstanding figure need to get a grip. Much of that money has not been extended and at this stage probably won’t be, and much that has is backed by…