Folly of Forecasts, Big Short Edition

Source: Adam Khoo, Twitter     A preface before we get into this: Michael Burry has proven himself to be a rare fund manager. He has a great ability to identify a variant perception versus the Wall Street consensus and express that view in a deeply researched market position. As we learned in Michael Lewis’ […]

Links 8/21/2023 | naked capitalism

Mapping Arctic Foxes’ Spectacular Solo Journeys Scientific American Using home lampshades to turn pollutants into purified air Interesting Engineering Climate/Environment 5.1-magnitude earthquake shakes southern California while Tropical Storm Hilary threatens millions with flooding NY Post Alpha dog of extractivism pushes status quo Canadian Dimension A community transformed from mining town to resort destination. It doesn’t […]

Comments From Around the World

  COMMENT #1: Mr. Martin; I read your private blog and your comment that “They stopped counting the votes halfway through and proclaimed Zelensky the winner, which was all rigged.” Nobody I know voted for Zelensky. He was installed by the West and the Oligarchs to wage war and fill their pockets with dollars. Even […]

Goldman Sachs has a David Solomon problem

It began as a steady drip of criticism, including on the cover of The Economist, concerning Goldman Sachs’s patchy performance during his tenure as chief executive. The firm’s foray into consumer banking was setting fire to a chunk of its dwindling profits. Efforts to move into businesses that promised steadier revenues than trading and proprietary […]