You know, I was previously worried that Goldman Sachs had Washington just a tad too much in its back pocket…good thing then, I suppose, that Greece has allowed me to take an “at least I’m not THAT guy” stance and feel much better.
If you’ve been paying attention to the news, you at the very least [...]
Tags: Finance · Incentives · Macroeconomics · Markets
I knew I would see my name in lights someday, and now it’s official: I am giving a humor talk at the annual meeting of the American Economics Association. My name’s even in the program and everything. (Do a search for humor and you’ll find it. And for the record, Caroline [...]
Tags: Finance · Just For Fun
I am strangely intrigued by the following visual on the levels of various stock markets over time. Courtesy of Visual Economics:
A few things that I notice:
Am I the only one who thinks it’s odd that the graph shows the level of the Dow Jones Industrial Average versus the level of the overall stock exchanges [...]
Tags: Finance · Macroeconomics
First, let’s start with the motivating visual, from Dilbert:
Q: What’s the difference between Dogbert and an actual fund manager?
A: The tail wagging.
I kid (sort of, and badly), but there’s a lot of truth to be had here. Active management of mutual funds seems like a really good idea- shouldn’t an investor want [...]