Is this 1996 or 1999?

Alan Greenspan’s infamous irrational exuberance speech is a classic example of how crazy markets can always get crazier. This was the actual text from his speech at a policy dinner in December of 1996: Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other […]

5 mins read

Hong Kong University’s business school considers accepting Bitcoin for tuition and donations

Key Takeaways The University of Hong Kong’s business school plans to accept Bitcoin and digital currencies for tuition and donations. This move aligns with Hong Kong’s effort to become a virtual asset hub under new regulatory frameworks. Share this article The University of Hong Kong’s (HKU) business school, Asia’s top-ranked institution, is weighing plans to […]

1 min read

#19: “You Might Be Paying Annual Cap Gains On Your Mutual Fund Even If You Don’t Sell And It’s Down On The Year” – Meb Faber Research

A lot of people don’t realize this, but you could own a mutual fund, have losses on that fund, and STILL have to pay major capital gains taxes…say what?! (Article from Russell.) Morningstar has an annual report that covers some particularly big distributions, and usually there are fund distributing 20, 40% or more! Here is […]

1 min read

How Real Estate Protects Against an Overpriced Stock Market

Real Estate as a Hedge Against Stock Market Risks 1. Garden Variety Stock Market Corrections When stocks drop because prices outpace fundamentals without a recession real estate often keeps running smoothly. Rental income, property values, and tenant demand remain stable, making it an excellent hedge. 2. Geopolitical Risk From trade wars to international conflicts, geopolitical […]

2 mins read