“America is a country with cutting-edge 20th Century infrastructure, cutting-edge 20th Century business practices and cutting-edge 20th Century government policies. Unfortunately, this is the 21st Century.” –The Lonely Realist America is obsolescing. Progress requires forward movement. America instead is moving sideways …, when it moves at...
“No one works anymore. There's no need to have a regular job and there are too many employment opportunities to choose from anyway.” – The Lonely Realist Those Americans whose role model is television character Maynard G. Krebs (The Many Loves of Dobie Gillis) are today...
“With stocks priced to perfection, America’s love affair with equities may be waning. Are there attractive alternatives?” – The Lonely Realist As TLR noted this past May, the Federal Reserve has the ability to deflate inflationary excess …, including priced-to-perfection equities. It merely has to “remove...
“The wings of black swans darken today’s sky.” – The Lonely Realist Black swan events are unpredictable surprises that portend unforeseeable and potentially severe consequences. The world is awash in 1930’s-like risks, some of which lurk in plain sight and others of which have not yet revealed...
"Reddit users have organized themselves into 'wolf pack' communities where individual investors act together to hunt hedge funds, activist investors, and short sellers." – The Lonely Realist Social media are fond of describing the Wolves of Wall Street as hedge fund predators who feast on the...