Next time you get sick, I have a project for you. Spot the exact moment when you begin the transition from illness back to full health again. That is an “inflection point.” Simply stated, it is the instant of a trend reversal. It’s not limited to medicine, politics, economics, or statistics. It’s one of those … Read More
This may not make a lot of sense unless you read our discussion last Wednesday on the Peoplenomics side where I talked about the short-term trade we had on. But if you did read it, please be advised that we just closed the position and made a decent pile of “quarter pounders” worth. We’ll discuss … Read More
We run into this problem in economics (and other sciences) all the time. It’s called the Hidden Variable. Historically, in physics, hidden variable theories were espoused by some physicists who argued that the state of a physical system, as formulated by quantum mechanics, does not give a complete description for the system; i.e., that quantum … Read More
Technically, March through June in Tornado time. It’s something we keep a close eye on, living as we do on the fringe of Tornado Alley. Sunday started off just fine: Overcast and dry enough that I could finish putting deck screws into the small deck Elaine and I build Saturday off the “180° Room.” Having … Read More
There are some interesting accounting problems on the horizon for a lot of publicly held companies. While they have benefited from the declining interest rate paradigm since 1980, if the bottom is really “in” on rates, any sudden moves could send corporate balance sheets seriously “out of whack” in a heartbeat. The result of that … Read More