Economics at Large
I Loved The Counting House and I Love This. Classy Erudition That Remains Minority Thinking.
Jeffrey Bronchick, CFA
July 3, 2025
While the “Institute” was ripping up a Graham-esque curriculum to focus on climate change and DEI initiatives, this dude was having a field day with
Sometimes you just don’t know people. Or what drives them. And so mistakes can be made when you try to equate what seems to add
In a nutshell, valuations matter. Good past performance tends to attract and avalanche of money which raises the valuation of said investment bucket which steals
From CNBC as Noted in Grants: “In finance, when you’re playing defense, you’re almost certainly losing,” [Ken] Griffin said to Citadel’s new class of summer
I am normally loath to add commentary on the macro yack d’jure as I simply can’t imagine you woke up this morning wondering, wow, I
“It is difficult to get a man to understand something when his salary depends on his not understanding it.” The former wrote the attached piece,
Charlie Munger, the former vice chairman at Berkshire Hathaway, has a take on drawdowns worth quoting in detail: “I think it’s in the nature of long-term
Anyone who uses electrical components is a giant importer. This is a good look at what is happening on the border now. Not pretty. To
Read this: Now pull up the chart of Constellation Software. Operators are standing by.
I think this cut and paste from a recent email might apply and be helpful to any lurkers. Operators are standing by. Now that
