“Political PR ignores market analysis.” – The Lonely Realist M&A (mergers and acquisitions) is a challenging business in which brilliant businesspeople spend an inordinate amount of time in merger battles. Yet, a multi-decade analysis by The Economist concludes that “the odds of [M&A] success appear no...
“ETFs and rare earths (and even soyabeans) are economic weapons.” – The Lonely Realist An ETF is a public investment fund that trades on stock exchanges in the same way as a single stock (and with more liquidity than a mutual fund). An exchange traded fund...
“Or how I learned to stop worrying and love 'state capture.'” – The Lonely Realist President Trump first posted his “King Donald” image in February, the caption reading “LONG LIVE THE KING!” The image was more than a suggestion. It was a promise. In the past...
“It’s paradigm-shifting ‘Trump Change.’” – The Lonely Realist Matt Levine wrote several months ago that “the current economic policy of the United States is apparently to cause maximum chaos by announcing drastic changes in the global economic order in the morning and then walking them back...
“No one needs a weatherman to know which way the wind is blowing.” – TLR Channeling Bob Dylan Transformational change is being wrought by artificial intelligence (AI)…, and there is little to hold it back. Its benefits and burdens soon will be more widely felt. Paradigm-shifts...
“The only difference between death and taxes is that death doesn’t get worse with every Executive Order.” – The Lonely Realist (with thanks to Will Rogers) Tariffs are taxes imposed on goods entering the country. They are a form of consumption tax because they add to...