Tom Burgis has done amazing research into the web of kleptocrats that has risen out of the fall of the Soviet Union. Most of the focus is on Russian mobster Semion Mogilevich and the Kazakh Trio of oligarchs that own Eurasian Natural Resources Company.Continue reading “Book Review: Kleptopia”
Tag: international investing
Finance Friday #1: Dividends
On Monday you read the first edition of the new weekly economics digest. Today is the first investing digest. Check in every week for “Market Monday” and “Finance Friday” in addition to the original finance, economics, and business articles that I post in between. Continue reading “Finance Friday #1: Dividends”
Does Trump Deserve Credit for the Stock Market?
As an advocate for economics education, I get upset when I hear bogus economics claims being made in politics and the media. When this happens, consumers are fooled into spending irresponsibly. Voters are fooled into supporting policies detrimental to the economy. This has been on my mind lately as President Trump doesn’t let a day go by without taking credit for how well the U.S. stock market is doing. Continue reading “Does Trump Deserve Credit for the Stock Market?”
Novel Investor has created a couple charts comparing asset class returns and sector returns in the U.S. and throughout the world. These charts demonstrate the importance of diversification among asset classes and diversification within asset classes. Continue reading “Historical Returns”