Getting requests to comment on a Bloomberg article abt young investors in uber-high-income products to finance their Millennial & Gen Z not-work-too-hard lifestyles. The title says it all: The New American Hustle: Dividends oved Day Jobs My response at: open.substack.com/pub/danielxper…?

Called for this 20 years ago, pretty much the day after I moved from analyst--never enough info--to a portfolio manager--flooded with too much near-term info. To be fair, didn't see it coming from 47.

Borders move. They move more often than you might think. In this Engelsberg Ideas piece, I consider the prospects for the reversal of a huge 19c landgrab in the Russian Far East/China's Outer Manchuria. Not imminent, but a thought exercise. And a reason to study history.

A brilliant, timely piece from Daniel Peris on Russia’s contraction and China’s territorial demands. For Engelsberg Ideas.

For those of you so inclined, the background reading materials for this topic. History and Investing share.google/qcPPu5F9I00Hd8…

Always a pleasure to join tom keene & Paul Sweeney on BSurveillance. I even donned a tie for the first time in years. The article on the SP5 as an out-of-control science experiment is in the most recent issue of American Affairs