Brooks Brothers catalog, 1982

Behold, the coming bull market for embalming.

I probably would have fired the head of the Bureau of Labor Statistics too. That's because its process for making estimates is obviously obsolete and error-prone, and there is no good plan in the works for fixing it. The huge revisions in Friday’s employment numbers are

Typical Day as a Hedge Fund PM 6:00 - Wake up, check what Trump tariffed overnight. Cambodia up +200%, Paraguay -3% (they said thanks). 6:05 - Brew some coffee. 6:10 - Trump tweets that the laws are rigged, since he cannot tariff Arizona. Mentally scroll the portfolio for

Tonight I saw The All-American Rejects play at a Sheetz Not a sentence I thought I'd ever say but THAT WAS UNREAL

The median household income necessary to purchase the median priced home for sale in the US ($124k) is now 57% higher than the current median household income ($79k). This is the most unaffordable housing market in history. Video: youtube.com/watch?v=R_ZsO0…

At this point I’m basically fine if you just want to incinerate these institutions rather than try to ‘reform’ them. We can find another vehicle for disseminating high impact publications.

“States with Democratic state legislative majorities currently control the lines for about 35 GOP seats—all that’s left after their aggressive maps. By contrast, Republican state legislative majorities control the lines for 55 Democratic seats.”

I can assure you that Mark Twain, possibly our greatest writer and a man who spent his lifetime fighting for the protection of his own copyrights, would be more than outraged by the AI-powered wholesale and unpaid scavenging of authors' works. Alas, it is on the shoulders of such

26 years ago, Milton Friedman predicted a form of digital cash that could be transferred online without a trusted third party. Sounds a lot like #Bitcoin.

“We were explorers and navigators once.”

General Agui, a close official of the Qianlong Emperor, successfully captured Lewuwei, a key stronghold of the Jinchuan tribal rebels. Now, only one rebel base remains: Karai (also known as Ge'er'ya or Geer Cliff).

The The New Yorker is a great magazine; I read it even as I hold my nose to its progressivism, and constant wokeness on race. But what editorial hypocrisy for hiring and keeping on staff a writer this demented, and if you read her Sidney Sweeney stuff, dumb and untalented

The SEC won many converts by acting sane during Covid and 2020s struggle sessions. Many of them top-tier students from Mid-Atlantic and Northeast fleeing formerly prestigious but openly insane colleges of yore. They will have a blast, not become insane, many will stay after grad.

"But we can’t get sentimental about these things."

Love the product placement during a discussion of how capitalism ruins everything.

The fastest way to lower average housing prices in American cities is enforcing the law/reducing criminal activity. Huge chunks of high-density housing are trapped in Bad Neighborhoods, no-go zones depressed well below nearby prices. Nobody with options even considers them.

It's time to stop the hate.

My daughter is a huge Taylor Swift fan. She's been a straight A student her whole life, and ever since she was a little girl, she had dreams of attending Harvard Medical School like her hero, Charles Krauthammer. But when Taylor announced her latest album, something changed.

In conclusion, tits