According to legendary investor Jeremy Grantham, how much gold should you own? At least for his own account, “just enough to mute the irritation of watching gold [prices] rise.” Not very scientific — but neither is investing in gold. And oddly, that formulation sounds just about right . . .Read More
The OTHER Problem with Sky-High Gold Prices No, Donald Trump doesn’t have that many ex-wives (yet). What I actually had in mind was the distorting effect high gold prices have on economic activity. That’s in addition to the economic cost associated with skittish, defensive investors shifting a fraction of their liquid assets from “fiat money” (paper) to...Read More
No, this probably isn’t what people have in mind when they hear the term, “mobile home.” But what else would you call this Land Rover specially equipped with a roof-mounted tent? Intended for rougher environs, it keeps the mountains lions — and other wildlife — safely at bay. P.S.: Unbeknownst to most people, mobile homes...Read More
Quick, who uses a dictionary more? a) smart people; b) people who . . . aren’t so smart. Notice that that’s a different question than, “who should use a dictionary more . . . ?” Given how ridiculously easy it is to look up a word online, there’s no reason every serious reader today doesn’t bookmark...Read More
That (non-hypothetical) question is prompted by the practice — at least in my household — of each child rather loudly registering their displeasure at being sent to their room by stomping on each and every step on the way to their (upstairs) bedroom. It was child #3’s turn to do “the march” this morning, for...Read More
Buy HOW MANY to Get One Free?? In the course of being out and about doing “Realtor stuff,” I frequent A LOT of neighborhood restaurants, coffee shops, etc. I’m also an inveterate bargain hunter. Combine the two . . . . and you get someone who knows — at least anecdotally — which establishments have the best...Read More
