Seeking Alpha published an article of mine touching on this earlier this week, but the tweet below and the chart that follows it illustrate the tl; dr version. Portfolio Armor was designed to help investors hedge, but other uses for it have emerged. One is as a warning flag for investors in securities with high [...]
Well, my tweet, actually. This one got mentioned Margaret Brennan’s “InBusiness” show yesterday morning:
@margbrennan You nearly died once from riding 90 mph on the NJ Turnpike without a seatbelt. Was that emblematic of your approach to risk? $$
— David Pinsen (@dpinsen) December8, 2011
I was hoping to embed a clip of Ms. Brennan reading that tweet [...]
Regretsy updated its “The Mother of all 9/11 Posts” for the 10th anniversary of 9/11. Before clicking you may want to read this intro of the post which describes what’s to come:
To commemorate the 9th anniversary of what I like to call “The Unpleasantness”, I’m going to subject you to an extensive, handpicked assortment of [...]
After the first attack in 1993, the World Trade Center instituted some elaborate security measures. For example, all visitors were given laminated photo IDs after checking in, that they were required to show to the guards at the relevant elevator banks. Security tightened at all office buildings in New York after 9/11, and more buildings [...]
– Richard Florida was back this week, with another implausible job creation idea. My article about it on Seeking Alpha: “Richard Florida’s Latest Job Creation Idea“.
– In an earlier article (“Helping House Majority Leader Eric Cantor Hedge His Treasuries Exposure“), I mentioned a way to hedge against a U.S. default by using [...]
The Financial Times published this letter of mine today:
From Mr David Pinsen.
Sir, Larry Pierson (Letters, June 30) argues against the use of government spending as a form of economic stimulus, noting that Barack Obama’s fiscal stimulus failed to stem the rise in unemployment.
He then broadens his argument against fiscal stimulus by stating that only the [...]
There was an interesting article in last weekend’s Financial Times (“Global Menu: Kicking up a Stink”), about a British food writer who bought an assortment of cheeses to China and conducted a tasting with some Chinese chefs, most of whom had never eaten cheese. The writer’s idea was that the Chinese eat a lot of [...]