I started in the institutional research and trading investment business at Model Roland & Co. on Federal St. in Boston in August 1971. Just up the street from Model were Fidelity Investments, and Wellington Management, both of whom I called on from my very first hours on the job. Over five decades ago, Ned Johnson, […]
Welcome to the Interest Rate Prediction Business, JACK!
Jack be nimble, Jack be quick. Jack jumped over the…you know how it goes. As investors stomp their feet because stocks are going down (the horror), let’s not forget what’s happening to bonds. Anyone who reached for yield on the 30-year Treasury is learning about duration—basically, for every one percent increase in rates, bond prices […]
UPGRADE! B-2 Bomber Could Get MAJOR New EMP Hardware
As the U.S. military becomes ever more reliant on the latest technology, the threat of a crippling attack by an EMP weapon grows. As Dr. Lowell Wood writes, “EMP is much more threatening to modern electronics than to old-fashioned ones.” Older larger components are extremely rugged and more tolerant to EMP interference, but as tinier […]
Petrified Snow/Ice Fishing? How about a Boat? and More
One of the greatest things about winter is you can dream about summer. After a few days of warm(er) temps here in New England, we’re seeing some of the snow melt. Quite a bit, actually, has already melted in Newport, RI, except for those stubborn piles of petrified snow—not very pretty. I’m not sure it […]
COVID Chaos: New York and California vs. Florida and South Dakota
Recently at YourSurvivalGuy.com, you read about the Butterfly Effect— that’s “the notion that a butterfly stirring the air today in Peking can transform storm systems next month in New York,” explained by James Gleick in Chaos. In other words, the weather is like a domino effect. But what about non-weather events? Like a dead animal […]
How One Man and His Family Survived the Texas Deep Freeze
Among the millions who suffered in Texas during the recent deep freeze, there were some rare individuals and families who persevered. These were people who kept calm, had already done some level of preparation, and didn’t wait for others to solve their problems for them. One of these survivors is Mike Papa, who writes for […]
UPDATE: Your Gun Rights and Freedom Are Under Assault
UPDATE 2.23.21: You’ve read here recently that Montana and Utah have recognized their citizens’ inalienable rights to self-defense, and passed laws protecting their rights to carry a firearm without a permit. Indiana could be the next state to join the “Freedom Corridor” by doing the same. The Indy Star reports (abridged): The Indiana House on […]
Deep Survival, Who Lives, Who Dies, and Why
In Deep Survival, Who Lives, Who Dies, and Why, author Laurence Gonzales explains, “The events that we call ‘accidents’ do not just happen. There is not some vector of pain that causes them. People have to assemble the systems that make them happen. Even then, nothing may happen for a long time.” In 1960, when […]
Permitless Carry Corridor Expands: Red States Trouncing Blue States on Freedom
You’re free to move about your country, as Montana becomes the 18th state to abolish its concealed carry permit requirement. According to the NRA, the other states with permitless carry are: Alaska Arizona Arkansas Idaho Kansas Kentucky Maine Mississippi Missouri New Hampshire North Dakota Oklahoma South Dakota Utah Vermont West Virginia Wyoming Every state that […]
Your Retirement Life: Meet Larry the Car Wash Guy
This is one of my favorite stories about a guy following his passion and making a career out of it. If you haven’t checked out his videos on how to wash a car, then you’re in for a treat. Enjoy! CNBC tells the story of Larry Kosilla, a Wall Street trader who decided to give […]