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Portfolio | Will's Blog
https://willrwright.wordpress.com/portfolio
How I calculate the return of my portfolio. Monthly Performance Detail by Account Type. Mark Bittman: What’s Wrong With What We Eat. The End of Wall Street. My First Gold Coin. Why Our System is Prone to Panics. What good is wind energy if we can’t transmit it? The information on this site is provided for discussion purposes only, and are NOT investing or tax recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. First Amendment In Practice.
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My First Gold Coin | Will's Blog
https://willrwright.wordpress.com/2008/11/13/my-first-gold-coin
My First Gold Coin. For as long as I’ve been writing this blog, and for at least two years before that, I’ve been interested in gold. Over this period I’ve maintained a roughly 10% allocation to gold in my portfolio I’ve done this through two ETFs: GDX and GLD. Eventually I found a dealer who had a single American Eagle for sale at $80 over spot. I bought the coin and also had an interesting conversation with the owner of the store. In the end, it was a fun experience. I’m hoping for a contin...You are c...
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July | 2008 | Will's Blog
https://willrwright.wordpress.com/2008/07
McCain endorses Will’s Healthcare Plan. July 30, 2008. Back in December I wrote down some details of my free market healthcare reform plan. It appears that McCain has endorsed aspects of my plan. John Goodman (advisor to McCain) in today’s WSJ. The McCain tax credit would be refundable. People could apply $2,500 per person or $5,000 per family to the purchase of health insurance, even if they do not owe any income taxes. Families would not have to wait until April 15 the following year to get the...It wo...
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Why Our System is Prone to Panics | Will's Blog
https://willrwright.wordpress.com/2008/10/10/why-our-system-is-prone-to-panics
Why Our System is Prone to Panics. John Steele Gordon addresses the question:. How could the richest and most productive economy the world has ever known have a financial system so prone to periodic and catastrophic break down? One answer is the baleful influence of Thomas Jefferson. It’s so interesting that today’s financial crisis can be traced back to the fight between the Federalists and the Anti-Federalists between Jefferson and Hamilton. Feed You can leave a response. From your own site. The inform...
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What good is wind energy if we can’t transmit it? | Will's Blog
https://willrwright.wordpress.com/2008/08/28/what-good-is-wind-energy-if-we-cant-transmit-it
What good is wind energy if we can’t transmit it? Paul called my attention to this NYT article:. Wind Energy Bumps Into Power Grid’s Limits. The dirty secret of clean energy is that while generating it is getting easier, moving it to market is not. The grid today, according to experts, is a system conceived 100 years ago to let utilities prop each other up, reducing blackouts and sharing power in small regions. It resembles a network of streets, avenues and country roads. Feed You can leave a response.
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June | 2008 | Will's Blog
https://willrwright.wordpress.com/2008/06
June 24, 2008. Interview with Robert Mundell in the WSJ:. If Mr Mundell had his way, there wouldn’t be anything for politicians to say about exchange rates. They would be fixed as they were under the Bretton Woods arrangement after World War II until 1971, when President Nixon took the U.S. off the postwar gold standard and effectively launched the era of floating exchange rates. The idea of a global currency may sound crazy now, but it will probably happen one day. My guess is that we’ll have the. They ...
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Will's Blog | Page 2
https://willrwright.wordpress.com/page/2
Narrowing Ecologies of Global Finance. August 25, 2008. Paul McCulley of PIMCO. On why global interconnectedness has complicated the picture for central bankers:. The article in a nutshell:. Global asset prices are deflating. This is having a contractionary effect. Economy and causing a decrease in aggregate demand (or, at least the growth of agg demand in certain countries). The problems of the financial system whose collateral is these falling assets is resulting in a reduction of available credit.
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October | 2008 | Will's Blog
https://willrwright.wordpress.com/2008/10
Why Our System is Prone to Panics. October 10, 2008. John Steele Gordon addresses the question:. How could the richest and most productive economy the world has ever known have a financial system so prone to periodic and catastrophic break down? One answer is the baleful influence of Thomas Jefferson. It’s so interesting that today’s financial crisis can be traced back to the fight between the Federalists and the Anti-Federalists between Jefferson and Hamilton. You are currently browsing the Will's Blog.
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The End of Wall Street | Will's Blog
https://willrwright.wordpress.com/2008/11/16/the-end-of-wall-street
The End of Wall Street. Terrific article in Portfolio. By Michael Lewis of Liar’s Poker fame. Notable Excerpt:. But he couldn’t figure out exactly how the rating agencies justified turning BBB loans into AAA-rated bonds. I didn’t understand how they were turning all this garbage into gold, he says. He brought some of the bond people from Goldman Sachs, Lehman Brothers, and UBS over for a visit. We always asked the same question, says Eisman. Where are the rating agencies in all of this? From your own site.
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