I haven’t been in any mood to write recently. My cousin died last week in Uzbekistan. He was going to turn 50 this week. I cannot even comprehend (let alone describe here) the history or the reasons or the excruciating pain my mother’s oldest sister has had to endure. I am sitting here for 20 minutes trying to come up with a sentence or two but I cannot. Words seem cheap and inappropriate to describe the agony that her life has been. Even if I could write something, it would …

I recently stumbled upon the exact figures of US Debt to the Penny which as of a second ago indicated that public debt outstanding was $11,043,588,980,678.90. The latest monthly report is available here. I was very surprised to see we still had such debt given this prediction to have the debt paid off by now. The FAQ encourages us, the private citizens, to help pay off this debt with the following statement…

A sense of worry about the many negative unintended consequences of recent actions has come over me. Perhaps it has something to do with receiving “healthy” doses of government propaganda during my ten years in the Soviet Armenian school system. I can still remember the brain-cleansing we had to undergo…

Daily Speculations is a blog mainly about the markets but hidden under the market context there are very interesting experiences, lessons, and thoughts about life in general. I have recently joined the discussion and hope to add my modest contribution (you can find what I have said so far by clicking on Legacy Daily in the list of the names on the left)…

My friend sent me a funny link about CNBC that brought forward a few thoughts about assets. What I am about to write you can and should safely ignore as it is likely to have little to no impact on your life. If you know me, you already know I don’t know anything and carry my cross like everyone else in the world. If you don’t even know me, how can you take what I say as anything of value, anything to use as basis for even a simple decision…