Full Width [alt+shift+f] FOCUS MODE Shortcuts [alt+shift+k]
Sign Up [alt+shift+s] Log In [alt+shift+l]
Top Categories > finance
#all #programming #history #technology #startups #life #science #literature #creative #architecture #design #travel #finance #comics #AI #indiehacker #cartography Muted Categories [alt+←][alt+→]
Calculated Risk
Lawler: Revisions Almost Eliminate Household/Establishment Survey Employment Growth Gap Today, in the Calculated Risk Real Estate Newsletter: Lawler: Revisions Almost Eliminate...
7 months ago
41
7 months ago
Today, in the Calculated Risk Real Estate Newsletter: Lawler: Revisions Almost Eliminate Household/Establishment Survey Employment Growth Gap A brief excerpt: From housing economist Tom Lawler: Revisions Almost Eliminate Household/Establishment Survey Employment Growth Gap There...
Citation Needed
Issue 81 – Crypto crime is legal Trump continues to dismantle crypto enforcement while expanding his personal crypto empire
5 months ago
Calculated Risk
Weekly Initial Unemployment Claims Decrease to 219,000 The DOL reported: seasonally adjusted initial claims was 219,000, a decrease of 6,000 from the...
5 months ago
29
5 months ago
The DOL reported: seasonally adjusted initial claims was 219,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 224,000 to 225,000. The 4-week moving average was 223,000, a decrease of 1,250 from the previous...
Calculated Risk
Friday: Employment Report, Fed Chair Powell Speaks Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Employment...
5 months ago
32
5 months ago
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Employment Report for March.   The consensus is for 135,000 jobs added, and for the unemployment rate to be unchanged at 4.1%. Speech, Fed Chair Jerome Powell, Economic Outlook, At the Society for...
The Rational Walk
A Dangerous Interregnum President Biden's decision to allow Ukraine to fire American missiles deep into Russian territory...
9 months ago
50
9 months ago
President Biden's decision to allow Ukraine to fire American missiles deep into Russian territory risks plunging the world into crisis in the finals months of his administration.
Mazdak
AI.com to Chat.com: OpenAI's Domain Domination From AI.com to Chat.com, OpenAI is making big moves in the world of conversational AI. They've...
9 months ago
39
9 months ago
From AI.com to Chat.com, OpenAI is making big moves in the world of conversational AI. They've dropped a huge amount of cash – likely over $15.5 million – to snag the premium domain Chat.com.
balajis.com
The Network State Book A book by Balaji S. Srinivasan (@balajis) on how to start a new country. Now available for preorder...
over a year ago
41
over a year ago
A book by Balaji S. Srinivasan (@balajis) on how to start a new country. Now available for preorder on Amazon.
Musings on Markets
Catastrophic Risk: Investing and Business Implications In the context of valuing companies, and sharing those valuations, I do get suggestions from readers...
a year ago
19
a year ago
In the context of valuing companies, and sharing those valuations, I do get suggestions from readers on companies that I should value next. While I don't have the time or the bandwidth to value all of the suggested companies, a reader from Iceland, a couple of weeks ago, made a...
Calculated Risk
Wednesday: CPI, NY Fed Mfg, Beige Book Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. mortgage...
7 months ago
44
7 months ago
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. mortgage purchase applications index. Consumer Price Index for December from the BLS. The consensus is for 0.3% increase in CPI, and a 0.2% increase in core CPI.  The consensus is for CPI to be...
Calculated Risk
Monday: New Home Sales Weekend: Schedule for Week of December 22, 2024 Ten Economic Questions for 2025 Chicago Fed National...
8 months ago
59
8 months ago
Weekend: Schedule for Week of December 22, 2024 Ten Economic Questions for 2025 Chicago Fed National Activity Index for November. This is a composite index of other data. Durable Goods Orders for November.  The consensus is for a 0.4% decrease. New Home Sales for November from...
Mazdak
2024: The Year the Economy Wins? As we turn the page to 2024, we're met with a cautiously optimistic economic forecast, suggesting a...
a year ago
96
a year ago
As we turn the page to 2024, we're met with a cautiously optimistic economic forecast, suggesting a potential shift towards a more balanced and stable environment. While challenges and uncertainties remain, let's explore the key trends and strategic insights that can guide us...
Mazdak
Finance News Roundup - Wednesday, 29th November 😢 Investing Legend Charlie Munger Passes Away Charlie Munger, a longtime vice chairman of Berkshire...
a year ago
84
a year ago
😢 Investing Legend Charlie Munger Passes Away Charlie Munger, a longtime vice chairman of Berkshire Hathaway and a close associate of Warren Buffett, has passed away at the age of 97. Munger was known for his wit, wisdom, and contrarian investment style.
Mazdak
Sam Altman's Potential Return to OpenAI In a surprising turn of events, high-level discussions are underway to bring Sam Altman back to...
a year ago
98
a year ago
In a surprising turn of events, high-level discussions are underway to bring Sam Altman back to OpenAI, not just as an investor or advisor, but as the company's CEO once again. This development comes just days after Altman's abrupt departure from the position, which sent...
Mazdak
Protect Your iPhone: Apple Introduces Stolen Device Protection Apple is taking a stand against iPhone theft with a new security feature called Stolen Device...
a year ago
58
a year ago
Apple is taking a stand against iPhone theft with a new security feature called Stolen Device Protection, currently available to beta testers. This feature adds an extra layer of protection to your personal information and financial data, making it more difficult for thieves to...
Calculated Risk
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to 4.24 million SAAR in... At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. NAR:...
7 months ago
43
7 months ago
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. NAR: Existing-Home Sales Increased to 4.24 million SAAR in December NMHC on Apartments: "Looser market conditions for the tenth consecutive quarter 1.73 million Total Housing Completions in...
Calculated Risk
California Home Sales Up 2.6% YoY in February; 4th Look at Local Housing Markets Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Up 2.6% YoY in February;...
5 months ago
30
5 months ago
Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Up 2.6% YoY in February; 4th Look at Local Housing Markets A brief excerpt: Here are a few more local markets prior to the NAR release tomorrow. Tom Lawler expects the NAR to report sales of 4.21 million...
Calculated Risk
BLS: CPI Decreased 0.1% in March; Core CPI increased 0.1% From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a...
4 months ago
24
4 months ago
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased...
Mazdak
Trillions Flow into AI: The New Infrastructure Arms Race 🌐 Big Tech Bets Trillions on AI Infrastructure
2 months ago
The Rational Walk
Berkshire Hathaway Acquires BHE Minority Interests Berkshire Hathaway has acquired the remaining minority interests in BHE from the Scott family and...
11 months ago
72
11 months ago
Berkshire Hathaway has acquired the remaining minority interests in BHE from the Scott family and now is the sole owner of the energy company.
FIRE v London
Swapping a rental property for a share portfolio Having sold my London rental flat, what was I to do next? I’ve paid the £20k+ transaction fees. I...
2 months ago
37
2 months ago
Having sold my London rental flat, what was I to do next? I’ve paid the £20k+ transaction fees. I have paid off the mortgage. I set aside the amount to pay my Capital Gains Tax, a liability which needs to be settled within [60] days. I moved some of the remaining equity into...
Citation Needed
Elon Musk and the right’s war on Wikipedia The world's richest man has joined a growing chorus of right-wing voices attacking Wikipedia as part...
8 months ago
68
8 months ago
The world's richest man has joined a growing chorus of right-wing voices attacking Wikipedia as part of an intensifying campaign against free and open access information.
Mazdak
TikTok, Netflix, and the Future of Media: Key Insights from 2024's Biggest Winners In 2024, the global media landscape experienced monumental shifts, with platforms like TikTok and...
7 months ago
49
7 months ago
In 2024, the global media landscape experienced monumental shifts, with platforms like TikTok and Netflix setting unprecedented benchmarks in user engagement, ad revenue, and growth.
oftwominds-Charles...
The One True Test of AI Intelligence The point of this thought experiment is to reveal the true nature of our relationship with AI: we...
6 months ago
39
6 months ago
The point of this thought experiment is to reveal the true nature of our relationship with AI: we only love it as a mindless slave that makes us rich. From the earliest days of artificial intelligence, what test proves AI equivalence with human intelligence has been the...
Calculated Risk
Benchmarking the U.S. economy Presidents receive too much credit and blame for the economy! Benchmarking the U.S. economy that...
7 months ago
45
7 months ago
Presidents receive too much credit and blame for the economy! Benchmarking the U.S. economy that President Donald Trump is set to inherit • While the U.S. economy still has challenges, especially lingering inflation and poor consumer sentiment, many important economic metrics...
Commoncog
Activist Investing in Asian Conglomerates How do Asian conglomerates play in capital markets, given pliable governments and weak regulators?...
6 months ago
45
6 months ago
How do Asian conglomerates play in capital markets, given pliable governments and weak regulators? We examine the career of one activist investor, to see what that tells us about the Asian tycoons we’ve been studying.
Calculated Risk
ISM® Manufacturing index Increased to 50.9% in January (Posted with permission). The ISM manufacturing index indicated expansion. The PMI® was at 50.9%...
7 months ago
30
7 months ago
(Posted with permission). The ISM manufacturing index indicated expansion. The PMI® was at 50.9% in January, up from 49.2% in December. The employment index was at 50.3%, up from 45.4% the previous month, and the new orders index was at 55.1%, up from 52.1%. Manufacturing PMI®...
Calculated Risk
March Employment Preview On Friday at 8:30 AM ET, the BLS will release the employment report for March. The consensus is for...
5 months ago
26
5 months ago
On Friday at 8:30 AM ET, the BLS will release the employment report for March. The consensus is for 135,000 jobs added, and for the unemployment rate to be unchanged at 4.1%. We estimate nonfarm payrolls rose by 150k in March, slightly above consensus ... We estimate that the...
Commoncog
The Dangers of Expansion A recurring pattern that seems to show up again and again in business: expansion is dangerous, and...
a year ago
107
a year ago
A recurring pattern that seems to show up again and again in business: expansion is dangerous, and everyone really only learns this through pain.
Calculated Risk
Q4 Update: Delinquencies, Foreclosures and REO Today, in the Calculated Risk Real Estate Newsletter: Q4 Update: Delinquencies, Foreclosures and...
5 months ago
32
5 months ago
Today, in the Calculated Risk Real Estate Newsletter: Q4 Update: Delinquencies, Foreclosures and REO A brief excerpt: This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the...
Commoncog
Beck’s Measurement Model, or Why It’s So Damn Hard to Measure Software Development A pretty useful lens for when a business activity is easy to measure, and when it is not. Part of...
a year ago
92
a year ago
A pretty useful lens for when a business activity is easy to measure, and when it is not. Part of the Becoming Data Driven in Business Series.
Calculated Risk
MBA: Mortgage Applications Decreased in Weekly Survey From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications...
7 months ago
41
7 months ago
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 24, 2025....
The Rational Walk
Berkshire Hathaway’s Q3 2023 Results — Manufacturing, Service, and Retailing A review of Berkshire's large collection of non-insurance operating businesses, with a focus on...
a year ago
62
a year ago
A review of Berkshire's large collection of non-insurance operating businesses, with a focus on results in Q3 2023 as well as a longer term view.
Calculated Risk
Housing Starts Decreased to 1.324 million Annual Rate in March From the Census Bureau: Permits, Starts and Completions Housing Starts: seasonally adjusted annual...
4 months ago
25
4 months ago
From the Census Bureau: Permits, Starts and Completions Housing Starts: seasonally adjusted annual rate of 1,324,000. This is 11.4 percent below the revised February estimate of 1,494,000, but is 1.9 percent above the March 2024 rate of 1,299,000. Single-family housing starts...
FIRE v London
My exits – a post mortem Readers will know that I dabble with active investing – I pick stocks. Lord, make me passive, but...
7 months ago
67
7 months ago
Readers will know that I dabble with active investing – I pick stocks. Lord, make me passive, but not yet Rather like The Investor at Monevator, I firmly believe in the merits of low cost index tracking as an investment strategy, but I also enjoy the thrills / intellectual...
FIRE v London
From ISA $millionaire to £millionaire The best tax break in the UK is the ISA tax-free savings regime. Each UK tax-resident adult can put...
a year ago
97
a year ago
The best tax break in the UK is the ISA tax-free savings regime. Each UK tax-resident adult can put £20k per year into an ISA account – use it for a wide range of investing activities – and not even have to report on what happens in those accounts, let alone pay tax on them.…...
Musings on Markets
The Siren Song of Sustainability: The Theocratic Trifecta's Third Leg! You might know, by now, of my views on ESG, which I have described as an empty acronym, born in...
9 months ago
24
9 months ago
You might know, by now, of my views on ESG, which I have described as an empty acronym, born in sanctimony, nurtured in hypocrisy and sold with sophistry. My voyage with ESG began with curiosity in my 2019 exploration of what it purported to measure, turned to cynicism as the...
balajis.com
The Men's Party Republicans are becoming the party of strong men and the women that love them.
a year ago
Calculated Risk
Hotels: Occupancy Rate Decreased 8.1% Year-over-year due to Easter Timing From STR: U.S. hotel results for week ending 19 April As expected due to the Easter and Passover...
4 months ago
45
4 months ago
From STR: U.S. hotel results for week ending 19 April As expected due to the Easter and Passover holidays, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 19 April. ... 13-19 April 2025 (percentage change from...
The Rational Walk
Will Berkshire Hathaway Pay a Dividend? Investors have been debating the dividend question for decades. So far, shareholders have been well...
a year ago
134
a year ago
Investors have been debating the dividend question for decades. So far, shareholders have been well served by Warren Buffett's reluctance to send out dividend checks.
Calculated Risk
Lawler: More Ruminations on the “Neutral” Rate of Interest Today, in the Calculated Risk Real Estate Newsletter: Lawler: More Ruminations on the “Neutral” Rate...
6 months ago
296
6 months ago
Today, in the Calculated Risk Real Estate Newsletter: Lawler: More Ruminations on the “Neutral” Rate of Interest A brief excerpt: When talking about the so-called “neutral” interest rate, many financial commentators, financial analysts, and even monetary policymakers talk about...
Musings on Markets
DeepSeek crashes the AI Party: Story Break, Change or Shift? I am going to start this post with a confession that my knowledge of the architecture and mechanics...
7 months ago
36
7 months ago
I am going to start this post with a confession that my knowledge of the architecture and mechanics of AI are pedestrian and that there will be things that I don't get right in this post. That said, DeepSeek's abrupt entry into the AI conversation has the potential to change the...
Mazdak
Walmart Goes All-In on AI: Building the Retail Future, One Personalized Shopping Spree at a Time Forget the days of aimlessly wandering Walmart's aisles, clutching a crumpled grocery list and...
a year ago
104
a year ago
Forget the days of aimlessly wandering Walmart's aisles, clutching a crumpled grocery list and battling for the last box of Oreos. The retail giant is about to revolutionize your shopping experience with a generative AI makeover. Imagine this: You're planning a Super Bowl bash,...
Mazdak
Big Tech Ad Boom Tech giants are raking in cash as the digital ad market explodes!
10 months ago
FIRE v London
Dec ’23 – 2023 in review It’s the start of a calendar year. Let’s take a look at what 2023 did to me financially. I’m...
a year ago
124
a year ago
It’s the start of a calendar year. Let’s take a look at what 2023 did to me financially. I’m following the same structure I’ve used for the last few years (2022, 2021, and 2020). Overall, 2023 was a good year on almost all measures – thanks in particular to Q4 which saw the US...
The Rational Walk
Claim Checks Viewing money as "claim checks" that can be exchanged for goods and services is a very useful...
a year ago
77
a year ago
Viewing money as "claim checks" that can be exchanged for goods and services is a very useful concept.
Musings on Markets
Country Risk 2025: The Story behind the Numbers! At the start of July, I updated my estimates of equity risk premiums for countries, in an semiannual...
a month ago
29
a month ago
At the start of July, I updated my estimates of equity risk premiums for countries, in an semiannual ritual that goes back almost three decades. As with some of my other data updates, I have mixed feelings about publishing these numbers. On the one hand, I have no qualms about...
Mazdak
Is Tesla's Full Self-Driving REALLY Safer Than Humans? Tesla's latest vehicle safety report claims that Autopilot has a crash rate of one accident per 7...
10 months ago
46
10 months ago
Tesla's latest vehicle safety report claims that Autopilot has a crash rate of one accident per 7 million miles, significantly lower than the U.S.
Bits about Money
Deposit franchises as natural hedges Many observe that banks seem to be blowing up due to predictable consequences of rising interest...
over a year ago
37
over a year ago
Many observe that banks seem to be blowing up due to predictable consequences of rising interest rates. How did we get here?
FIRE v London
June ’24: Election fever June was busy. I travelled more than usual in June. Partly in the UK – visiting Glasgow, the west...
a year ago
142
a year ago
June was busy. I travelled more than usual in June. Partly in the UK – visiting Glasgow, the west country, the south coast and the Isle of Wight; partly overseas – I visited Ibiza for a few days of R&R. Meanwhile, the election campaigns were in full swing. Nigel Farage did his...
Calculated Risk
Thursday: Unemployment Claims Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. initial weekly...
7 months ago
37
7 months ago
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. initial weekly unemployment claims report will be released. The consensus is for a increase to 215 thousand from 201 thousand last week. Kansas City Fed manufacturing survey for January.