A certain type of voter has a set of issues they care about, and seeks the candidate who most represents their view on the issue(s.) That s probably true of some segment that cares most about abortion, for example, both from the pro-life and pro-choice sides. Another type of voter has some agnosticism about a wide Continue reading "The FAFO Election" The post The FAFO Election appeared first on…
A very cool story in the October 2024 issue of Texas Monthly hit me personally as a modern version of that memorable moment in the movie The Graduate, like a quiet investing tip given out by the pool during a cocktail party: Texas Monthly Article: “I just want to say one word to you. Just Continue reading "One Word For You: Lithium" The post One Word For You: Lithium appeared first on Bankers…
Hey Michael! I wanted to fill you in on something I have been playing with recently. In February I used my margin account to buy 100 shares of ETF QQQ. [Ed note: This ETF tracks the tech-heavy Nasdaq 100 index.] Then immediately I sold a 1-day call at the next dollar value up and a Continue reading "Ask an Ex-Banker: One Day Options Trading" The post Ask an Ex-Banker: One Day Options Trading…
Nate Silver published On The Edge: The Art of Risking Everything on August 13th and, well, I knew I had to jump it on the top of my reading list. Silver is best known for creating the election-forecasting blog FiveThirtyEight, which he reconstituted on Substack in 2024 as The Silver Bulletin. For newspaper-reading political obsessives Continue reading "Book Review: On The Edge, by Nate Silver" The…
Last week I mentioned the worst economic proposal of the candidates, so in contrast today I’ll mention the best. Democratic presidential nominee Kamala Harris’ plan to support the building of 3 million new housing units is it. YIMBYism and Texas One of my strongest held economic growth views, solidified over the last 15 years in Continue reading "The Best Presidential Economic Policies" The post…
Let’s talk about the Presidential candidates’ worst economic ideas. My preference when reading about presidential candidates is to focus less on the name-calling and memes, and more on their stated plans for improving the odds of positive economic outcomes for Americans during and after their administration. When candidates propose something new, they should figure out Continue reading "The Worst…