Inflation Runs Hot

15 Nov 2021

This past Wednesday, the Bureau of Labor Statistics released the Consumer Price Index (CPI) data for October, which showed inflation on consumer goods growing at a rate not seen in thirty years. This concerning trend is illustrated in the chart below. The orange line tracks the annual growth rate of the CPI since the 1960’s. This line includes all prices and categories. The white line tracks the same index, but… Read More

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The Trouble with Tesla

01 Nov 2021

Over the years, I’ve missed some wonderful returns on stocks that I thought were too expensive. I was an Amazon customer starting in 1999 (you can find your ENTIRE purchase history on the site), two years after they went public. I might have missed ‘the ground floor,’ but I was worried about their valuation. Tesla is another company. I know several people who bought them when they came out, and… Read More

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