I have a lot of short conversations about dividend stocks. They go something like this: “Oh, your specialty is dividend ...

For roughly three decades after World War II, worker pay rose almost one-for-one with productivity. As the economy grew, so ...

Last week I noted the problems of sitting down with a blank screen and trying to figure out what to write. This week I have the opposite problem: I have well over 20 important research notes from ...

Last week's issue generated more thoughtful replies than we expected. What struck me wasn't that some of you disagreed with a point or two. It was what you agreed on. Almost nobody argued that nothing ...

Jacob Shapiro is an independent geopolitical analyst who helps investors and executive teams understand how a multipolar world is reshaping markets and strategy. He provides bespoke research, private ...

As I sat down to start my work week, I realized that I didn’t eat a single hot dog over the holiday weekend to celebrate the ...

Today we continue reviewing Ray Dalio’s latest book, How Countries Go Broke. If, like me, you fear that you may soon live in such a country, Ray’s work reads like a guidebook to the future. But in ...

Rain can be either refreshing or destructive. It can make plants grow or produce devastating floods. But in all cases, it’s largely outside human control. Or is it? True, we have little control over ...

“We desperately as a country want to destroy more jobs. That is the only good outcome in the next 10 years…” Joe Lonsdale, Venture Capitalist and SIC speaker (Joe is right, but it is critical you ...

“Vanity of vanities, saith the Preacher, vanity of vanities; all is vanity.” – Ecclesiastes 1:2, King James Version (attributed to King Solomon in his old age) This week’s letter will take a look at ...