Mike's Daily Comment

No Incentive No Accountability

In business and investing mistakes cost money. Not so in the political realm where so often mistakes are buried, denied, laughed at, or repeated. There is no incentive to avoid mistakes in politics, since there is so rarely a cost.

Michael’s weekend editorial: They’re Making a Big Mistake on Climate Policy

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The Big Fat Idea: Take Profits In Investment Real Estate

Neil McIver answers Michael’s questions on non-correlation and rates of growth in different markets. His big idea is to take some money off the table in real estate and reinvest in the capital markets.

…also – What do Warren Beatty, Brad Marchant and the Deutsche Bank Have in Common? Easy – they all made the list of the week’s shocking stats – although Mr Beatty still has us shaking our heads. Shocking Stat: Which Number Are Crazier

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Shocking Stat: Which Numbers Are Crazier

A wealth of shocking stats this week but the numbers of women Warren has slept with might indeed be more likely than the Deutsche Bank’s derivative numbers!

Michael’s Editorial: They’re Making a Big Mistake on Climate Policy

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Live From the Trading Desk: Big Moves & Trouble in Europe

Victor Adair on the OPEC decision and the 5% move up in Oil, the drop in Gold and the top story internationally the European banking crisis with the problems at Deutsche Bank.

….don’t miss Greg Weldon: Trump, The Fed and Gold

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Quote of the Week: Seeing things as they really are

This quote courtesy of management sage Peter Drucker, whose writings contributed to the philosophical and practical foundations of the modern business corporation

…also: Oh, Oh, The Latest Vancouver Real Estate Numbers

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