English version follows below Tá ról Uachtarán na hÉireann den chuid is mó searmanasach. Is féidir léi diúltú do dhíscaoileadh na Dála (parlaimint) má tá an ceannaire tar éis an… Read More »Notes on the 2025 Irish Presidential Election
The BBB (Big Beautiful Bill, also US debt’s future credit rating) is going to the Senate. It includes a plan to abolish deprecation. How so? The alternative to depreciation is… Read More »Deprecating Depreciation
I read a pre-print of this book last October. Now that it has been published, here are my notes. Crisis, Cycle, Challenges: The Evolution and Future of the Euro –… Read More »The Future of the Euro
You have some typical approaches, some creative approaches, and then you have the Buffett strategy – but few go quite that far. The typical approaches Venture capital funds charge fees… Read More »The Buffett strategy that nobody wants to copy
Today, the forward price to earnings ratio on the S&P500 implies a 5.3% yield. Meanwhile, 30 year treasuries offer a 4.91% yield. Basically, you are getting very little extra return… Read More »Returns on stocks are close to bonds. Why?
Nvidia is losing revenue because export controls are blocking more of their GPUs from being exported to China. My question is: If Nvidia GPU designs were being ripped off in… Read More »Is Nvidia sufficiently long-term oriented?
John Cochrane writes well about tariffs and trade here. A few key points: In short Trump somewhat has a correct diagnosis of the trade deficit being an issue – but… Read More »Correct Diagnosis Wrong Cure?
I just listened to the All-in podcast that had Larry Summers (former US Treasury Secretary) and also Ezra Klein (podcast host and currently trying to convince the Democratic Party to… Read More »Notes on Tariffs, Trump and Trade
Overview In the Appendix – Tariff Economics – I go through some of the supply-demand theory of tariffs. Side-note: I think LLMs are going to help policy-makers A LOT because… Read More »Some Ways to Think About Tariffs – and US Trade Policy
I suggest that any organisation submitting to peer-reviewed journals first post the article on a preprint website (like arXiv.org). For those unfamiliar, preprint websites allow anyone to upload research papers,… Read More »Preprints First: An Idea to Increase Discovery and GDP