I’m not one to typically advocate following the herd but in the case of the coronavirus, I am having a hard time seeing an end game that doesn’t have herd immunity as the ultimate goal. And this could take a long time and lead to a lengthier economic contraction (to put it mildly) and even more massive federal intervention through government spending and Federal Reserve support of financial markets.
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Wal-Mart obviously generates a lot of strong reactions. There are those who love it because it has brought lower prices to those who need it the most combined with a strong selection. Others believe it represents everything wrong with America. A relentless focus on cost control at the expense of “living wages”,
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Risk comes in all forms and fashions and it’s a real talent to identify risk. Howard Marks, Chairman of Oaktree Capital Management and who was kind enough to write a testimonial for my book, is perhaps the foremost expert at identifying different types of risk and assessing it.
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Gary Carmell
Posted in Economy, Interest Rates, Investing, News, Stock History, Uncategorized
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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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[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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Texas is at the epicenter of the fracking boom and an increase in domestic oil production as the following chart shows:
With domestic production up, imports have dropped quite a bit as these charts from FT Alphaville show:
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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Gary Carmell
Posted in Economy, Interest Rates, Investing, News, People, Stock Market
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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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I spent six days in Japan, in 2014, visiting Tokyo, Kyoto, and Hiroshima. I went to Sumo wrestling, a 430-year-old restaurant, toured some beautiful temples and gardens, visited the peace park in Hiroshima, and of course, I did some karaoke. The Japanese are extremely service oriented and show great attention to detail.
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Habits That Helped Me Write My Book
**Special Notice at the end of this blog.
“If we really pay close attention to our thoughts and actions I would venture to say that we’re essentially a series of habits. A Duke University researcher in 2006 found that more than 40% of people’s actions are habits and not decisions,
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This was originally written Thanksgiving week 2015 when I thought I would do a little philosophical reflection. So much has happened over the last year and this blog means even more today. Over the weekend I announced the exciting news about The Roneet Carmell Center for Jewish Life,
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