“A mere madness, to live like a wretch, and die rich.” —Robert Burton, The Anatomy of Melancholy, 1621 My mother used to say that a gentleman lived on the interest from his principal. That didn’t apply to our circumstances, not by a long shot (substitute “sweat of brow” and you’re closer to fact). I suspect […]
The emerging middle class referenced last week is both the effect and the cause of the continuing evolution of global markets. Thomas Friedman notes that the most highly evolved global businesses no longer talk about ‘outsourcing.’ That’s so 42 seconds ago in a 4G world. Instead, he posits, there is no in- or out- anymore. […]
Statistics, damnable lies that they are, are a lot more interesting as pictures, i.e. charts and graphs. J.P. Morgan has published its Q1 2012 Guide to the Markets, which has 59 pages of charts and graphs, and narry a word except the source data under each one. (If mere looking is not enough, and you […]