Dimensions of Quality InvestingGrowth and value are dimensions of quality. Growth and quality are inputs of value. Value and quality are components of growth. These are…Sep 13, 2024Sep 13, 2024
Laissez-faire with welfare, or the Scandinavian modelThere is a fundamental difference between government intervention and welfare transfer.May 18, 2024A response icon1May 18, 2024A response icon1
Thoughts on Investing RiskIn his 2011 letter to shareholders, Warren Buffett offered incisive definitions of investing and risk. Investing isDec 14, 2023A response icon1Dec 14, 2023A response icon1
Economic growth on a flat EarthOur modern understanding of economic growth is a number going up. American Gross Domestic Product was $3.3 trillion in 1982 and $25.5…Dec 13, 2023Dec 13, 2023
Why the United Kingdom builds ugly and expensive homesA case for more homes built by peopleJun 5, 2022A response icon3Jun 5, 2022A response icon3
Goodwill MarginIn the ruthless business world, it seems that to get more, one must take more. Nothing is given. And yet history is awash with examples of…Nov 29, 2020Nov 29, 2020
The Growth Illusion“For over seventy years, the advanced societies of the world have preened themselves in the mirror and mostly admired what they saw…Jul 16, 2019A response icon4Jul 16, 2019A response icon4