mark twain

Weekly Market Pulse: Questions

By |2024-02-20T08:46:05-05:00February 20th, 2024|Alhambra Portfolios, Alhambra Research, Bonds, Commodities, Currencies, Economy, Markets, Real Estate, Stocks|

Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't [...]

Weekly Market Pulse: Same As It Ever Was

By |2022-08-22T16:12:12-04:00August 21st, 2022|Alhambra Portfolios, Alhambra Research, Bonds, Commodities, Currencies, Markets, Real Estate, Stocks|

History never repeats itself. Man always does. Voltaire Mark Twain is credited with a similar saying, that history doesn't repeat but it rhymes. Of course, there is scant evidence that Clemens said anything of the sort just as Voltaire may or may not have penned the quote above. But both men were much wittier than I - than most - [...]

Let Them Eat Cake

By |2015-05-17T14:37:18-04:00May 17th, 2015|Economy, Markets|

It’s very decorative, it’s very large, it looks very expensive, it’s very splashy. I’d identify the new owner as being very rich, and it’ll brighten up his expensive apartment. Would you want any more reasons?   John Richardson, Picasso biographer on why Les Femmes d'Alger (Version O) is worth the $179 million it fetched at a Christie's auction recently, a [...]

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