Call it “Financial Darwinism” “Bitcoin Surges Above $5,200 on Hopes of Renewed China Trade.” —The Wall Street Journal (10/12/2017). No, I’m not rooting for Bitcoin to skyrocket to the heavens because I have a position in it. God forbid! Rather, it’s because I see Bitcoin serving a useful economic purpose. Two, in fact: One. Lightning rod. ...Read More
Dear “Just Previewing” Realtor: “Smile! You’re On Candid Camera!!”** [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Here’s a news flash for skeptical home Sellers (or, maybe not): not every...Read More
I don’t know what the critics are saying about “Star Wars: The Force Awakens,” but the returns from Wall Street are already in: thumbs down. How do you know that? Because Disney’s stock dropped almost twice as much as the overall market today (the movie’s opening day), a sure sign that analysts expect the movie...Read More
