article thumbnail

Sunday links: asymmetric returns

Abnormal Returns

(howardlindzon.com) How veterinary medicine became a big business. libertystreeteconomics.newyorkfed.org) Wealth taxes are attractive in theory, impractical in reality. nytimes.com) The defense sector can't hire workers fast enough. axios.com) AI Why Apple ($AAPL) is not bring AI to the EU.

Medicine 311
article thumbnail

The Future Of Financial Advice: How Tech and Approaches In 2030 Will Differ From Today

Nerd's Eye View

The changing patterns in how financial advice is delivered can be compared to the similar trends seen in the evolution of medicine. Dr. Peter Attia, author of the book Outlive: The Science & Art of Longevity , describes the trajectory of medicine in 3 stages: Medicine 1.0 Specifically, Financial Advice 3.0

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dollars Are For Spending & Investing, Not Saving

The Big Picture

“I need the US Dollar to be a store of value between the time I make it until I spend it, invest it, pay my taxes with it, or give it away. To be more precise, I want to discuss the type of chart that reflects a fundamental misunderstanding of the nature of money, currency, spending, investing, and taxes. and paying taxes.

article thumbnail

The Great Resignation Is Long Over

The Big Picture

Consider these columns going back to 2013 pointing out the foolishness of tax-payer subsidized corporate welfare queens (2013), and why median wages were rising ( 2016 , 2017 , 2018 , 2018 , 2019 ). Sahm: A Fed-induced recession is a medicine worse than the disease ( Financial Times ).

Medicine 331
article thumbnail

The Least Bad Choice

The Big Picture

The problem with all of the above is that the results would have been devastating: Many more deaths, lots of people without money for food, rent, medicines, and mortgage payments. The Fed began its policy of ZIRP and QE while Congress put forth a puny extension of unemployment insurance and a modest temporary tax cut.

article thumbnail

10 Wednesday AM Reads

The Big Picture

You don’t have to think like a tax accountant, actuary and investment adviser to get it right. Mason explore how predictive technology is reshaping everything from markets to medicine. Institutional Investor ) • 9 Smart Ways to Make Cities Better : Cities have problems.

article thumbnail

Saturday links: masochistic mental games

Abnormal Returns

arstechnica.com) Why it's time to start taxing cars by weight. npr.org) Weight loss drugs are set to upend medicine, and society. huddleup.substack.com) Why pro athletes are subject to taxes in so many jurisdictions. (axios.com) Car subscriptions raises more questions than it answers. ft.com) More U.S.

Media 130