As we move through the second week of trading in the final month of summer, KWN thought it was important to share some very important wisdom from one of the legends in the business.
From the Godfather of newsletter writers, legendary Richard Russell: “Warren Buffet was asked how he came to be one of the richest men on earth. Both before and after September 11, 2001, the FBI has considered “eco-terrorism” one of its primary domestic terrorism concerns. It comes in several forms, but one of its primary tactics is “ecotage” or “monkey-wrenching” where radical environmental groups sabotage the property of companies whose activities they deem to be bad for the environment (such as the capital goods used in the logging industry). But, some groups have discovered a tactic in which they are able to not only avoid punishment by federal law enforcement, but also enlist the feds as willing partners in their effort to destroy private property or deprive people of it. We can, every single one of us, agree that we’re either in or just past a -financial- crisis.
I personally have the idea that if you think central banks -and perhaps governments- have the ability and the tools to prevent or cure financial crises, you’re in the more optimistic camp.
I want to start this post off by taking a closer look at what Donald Trump actually said in his now infamous “2nd Amendment speech” yesterday.
First of all, I agree that this is an incredibly stupid and dangerous thing for a Presidential candidate to say.


A Young Turk on Wall Street gets the chance to learn the ways of investing at the feet of his idol. Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music. Our roundtable guests talk about their roles as agents and being acknowledged by their clients.
The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll.
He answered that, 1) he was lucky enough to be born in America, 2) he had good genes, and has lived to his eighties, and 3) he understood the almost miraculous power of compounding through time. So while I don’t think he should’ve said it, I also don’t think it’s the biggest deal in the world. The theory is that restaurant revenues are slowing when consumers, whose spending accounts for about 70% of GDP, start having trouble with their wallets.
If you’re trying to walk into one of the amazing restaurants in San Francisco on a Saturday night, you might be disappointed when you find out that the “restaurant recession” has failed to reserve a table for you.


A third option might be to think that no matter what central bankers do, things will solve themselves, but I don’t see much of that being floated. Moreover, mainstream media and pundits across the land are unanimously interpreting it as a call for the assassination of Hillary Clinton.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES.
And some insist on seeing it as ‘in the past’, and solved, while others see it as a continuing issue. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.



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