I’m not going to charter a jet to watch a solar eclipse from some exotic locale, or pay a private company $100,000 (is that what it costs?) to see earth from space. But, I did just experience the poor man’s equivalent: a sunset that seemed to last forever. At least, that’s how it appears if...Read More
Indexing’s Looming “Free Rider” Problem “If you’ve been playing poker for a half-hour, and you don’t know who the patsy at the table is . . . it’s you.” –Warren Buffett “Index funds run by Vanguard see record inflows as savers turn to autopilot.” –“Investors Shun Stock Pickers”; The WSJ (1/5/2015) I’m a long-time fan...Read More
“You Know What They Meant” Dept. If a person (presumably a woman) can be well-accessorized, can a new condo building — in this case, a 34-story Denver tower called “The Confluence” — be well-amenitized? At least according to the builder, yes: “We’re looking for people who want to live in a highly amenitized building with tremendous views, close to...Read More
