Investing

4 Things I’m Watching

My last post was one year ago.  The topics dominating headlines have changed (other than the pandemic), but what hasn’t changed is uncertainty.  The longer I’m in this business, the more I realize that uncertainty is always present.  That is, it’s a present-tense issue.  Uncertainty is misremembered in hindsight.  Things tend to look obvious and follow a cause-and-effect pattern after we know the outcomes.  The future is also less uncertain than the present.  The market goes up in the long run.  Technology and medicine will continue to advance.  The world will be a better place.  The present is incredibly uncertain, though.  Real and imagined threats are everywhere.  As we have access to more and more data, the more uncertain the present feels. There are four major themes I’m following that blanket most of my present-tense concerns over uncertainty: The Federal Reserve, Inflation, Politics, and the Pandemic. The Fed There is…

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iPhones, IPOs, and Interest Rates – The I’s Have It

iPhones, IPOs, Interest Rates Lots of random news today, none of which warrants a full post from me due to either lack of opinion or lack of expertise.  However, here are some places that have worthwhile views on each of these subjects.  Also, don’t forget about the Northeast Ohio PKD Walk on September 21st.  Donate to my team so I can hold bragging rights in my house for the next year.  My son William has his own fundraising page this year, too! The WeWork IPO It’s been hard to avoid news about WeWork.  First as a tech disruptor darling.  Now as fodder for gossip as their IPO plans look shaky.  Personally, I think the founder’s actions and the structuring of the firm tell you all you need to know, but I’m not a stock picking expert.  Professor Damodaran is, however, and he breaks down his view here along with some damning parallels…