The Philosophical Investor's Blog

Ghosts of Inverted Yield Curve Past

Yield Curve inverted

And all the roads we have to walk are winding

And all the lights that lead us there are blinding

-Wonderwall by Noel Gallagher (for Oasis)

I saw a double bill of Noel Gallagher (formerly of Oasis) and Smashing Pumpkins last week.

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Dividends - Do They Really Matter?

Dividends

Most real estate investors deploy their capital in this asset class because of the income it can generate. This is very much the case for those investing with CWS. Since 1991 CWS has sold 79 properties**. Approximately half the return has come from dividends and the other half from appreciation*.

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Roneet Kimeldorf Carmell

Roneet Kimeldorf Carmell

We are incredibly grateful for the love, support, prayers, visits, and food sent to us. We know CWS was with us all the way.

There would be no Gary and CWS without Roneet. She was the catalyst for me finding CWS and getting the job and I am convinced I would not have had the success I have had without her pushing me to keep improving, 

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What's Your Crucible?

Crucible

A friend of mine and I went to a local bar that we very much enjoy frequenting because it is set up in a way to foster connection and conversation between the patrons. It has a living room type configuration with couches and very comfortable chairs in which there is the opportunity to sit across from people and be close to them in a very informal and fun social setting.

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Markets Climb Walls of Worry - Is it Time to Worry?

Walls of Worry

[Originally Published October 20, 2014] There is sure a lot going on in the world and the headlines are not pretty causing many to worry. As a lover of great music and particularly poetic, moving, and interesting song lyrics, I like to use songs from time to time to help bring insight,

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Global Warming - Then and Now

global warming climate change

The impassioned plea that took place recently from teen climate activist Greta Thunberg at the U.N. understandably caught the attention of much of the developed world. At the risk of being controversial/politically incorrect I decided to do a couple of searches on www.newspaperarchive.com on “Climate Change” and “Global Warming” and restrict the years to between 1919 and 1965 to see if these were topics covered by newspapers back then and,

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Texas Tea

Texas is at the epicenter of the fracking boom and an increase in domestic oil production as the following chart shows:

Texas Daily Oil Production January 1986 - January 2013

With domestic production up, imports have dropped quite a bit as these charts from FT Alphaville show:

US Oil Production & Net Oil Imports

According to the Carpe Diem Blog:

More than one-third of the state’s increase in oil output over the last three years has come from the Eagle Ford Shale oil field in South-central Texas,

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Rising from the Ashes - Lessons From My Visit to Auschwitz & Birkenau

Auschwitz Enterance

According to management guru Peter Drucker, one of the greatest traits a business leader can have is intellectual honesty. This is the ability to see the world as it is and not as you want it to be and then to act accordingly. This applies equally as well to great investors like Warren Buffett and Charlie Munger.

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This Ain't No Party. This Ain't No Disco. This Ain't No Fooling Around

Quarantine

The title of this blog is from the Talking Heads song Life During Wartime. Maybe I should have called it Life During Quarantine instead but we are definitely on a wartime footing. If you don’t think so then maybe these charts might help convince you as financial markets are the most real-time indicator of investor sentiment and discounting the future to ascertain how investors react to key events.

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Seeing Victoria Falls while the World Is Going Over the Financial Falls

Gary Carmell Rainbow Victoria Falls

My international travels were scheduled to come to an end yesterday. I’m writing this prior to my arrival and assuming that there will be no delays in my return. It was a packed adventure that ended in Israel after visiting Dubai, Abu Dhabi, and Zambia via Lusaka,

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