Millennial Financial Intelligence
In 1924, a Wall Street analyst named Edgar Lawrence Smith sat down to prove something obvious. Bonds were safer than stocks. Everyone knew it. The smart money knew it. The textbooks said it. His job was simply to run the numbers and confirm what the financial establishment already believed. He couldn’t do it. What Smith …
Read moreStocks beat bonds. A man proved it in 1924. The bond market is relearning it now
When looking at the classic adoption curve (by author Everett M. “Ev” Rogers) applied to the arrival of a new technology, it’s easy to identify successive groups of consumers adopting the new technology (shown in blue in the chart), its market share (yellow in the chart), and saturation level that will eventually be reached. So …
Read moreHow quickly will bitcoin move in the market adoption curve?
During a European Parliament debate about single supervisory mechanism for the banking union, Godfrey Bloom former UKIP Member of the European Parliament (MEP), clearly explains why the current banking and monetary system is a truly a scam for the tax payers. Godfrey Bloom is a libertarian author with many books published on both military history & Austrian School Economics. Often considered as a …