A weblog of faith, culture, & technology
This is huge
Most investors looking for the "next big thing" seek out whiz-bang investments like alternative energy, lifesaving biotech drugs, handheld Internet devices and, for doomsayers, hard assets like gold.
Railroads, which had their heyday in another era, are rarely mentioned as a must-have investment for those looking to get rich.
So why is Warren Buffett, [...]
The New York Times has a good article about how shipping costs are changing production patterns. I think the article misses the point that this could mean that many of the goods that we take for granted as being cheap are going to cost us more and more over time. It isn’t just the shipping [...]
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