RISK ON / RISK OFF

Investment decisions, their genesis, and our thinking behind them.

Great Companies; Bad Prices

By Zev Abraham - Great Teams There have been many great sports teams over the past hundred years. Some have been dominant for stretches of ten years or more. In North American professional sports, the New York[…]

Worried About Inflation? Back to the Future

POSTED ON March 18th - POSTED IN Risk On / Risk Off, interest rates, inflation

By Zev Abraham - Is there anyone over the age of fifty who doesn’t think back fondly on the “Back to the Future” trilogy, particularly the first movie? In the original, we were introduced to Marty McFly, played by[…]

Shocking

POSTED ON February 26th - POSTED IN Risk On / Risk Off

By Zev Abraham - You don’t see that everyday! On February 17, the price of electricity in Houston closed for next day delivery at $8,786 per megawatt hour (mwh). Normally, at the peak of summer air conditioning[…]

Uranium or Myranium?

POSTED ON December 30th - POSTED IN Commodities, Commodity, Risk On / Risk Off

By Zev Abraham - In true to form life imitating art, the Three Mile Island nuclear accident occurred in 1979 only 12 days after the theatrical release of the “China Syndrome,” a movie that premiered to awards at the[…]

You're a Heretic; No You're a Heretic

By Zev Abraham - Maybe it does not seem strange to others, but it seems odd to me that business schools do not teach financial and economic history. To the extent those subjects are taught, they generally take place[…]