Sharp Knives vs. Dull Knives
Applying Kitchen Wisdom to Markets
Lewis Enterprises: L.E. Memos
Editorial essays and other unstructured thoughts from your editor.
Dormant Last read · last published · next check
Read 7 days ago and current, but nothing has been published for 13 months.
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Year-end thoughts on making money, volatility, inflation & Build-a-Bear Workshop
Beauty Contests
Morningstar, The Fiduciary Rule, and the Unreasonable Tyranny of “Prudence”
A GAAP In Understanding
Marty Whitman on the Limits of Disclosure
The Institutionalization of Home Equity on Thesis Driven
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Transitional Capital
A New Credit Model for High-Growth Real Estate Firms
Ouroboros
How the Marriage of Insurance and Private Credit is Transforming Finance