The Gambler’s Fallacy It should be known that I write these journal articles to slow down and better reflect on the mechanics of whatever topic I write about. Today, it’s tariffs, Ukraine and the impact these current events have on the US economy. My words reflect my thoughts and are not provided as guidance. Like…
Peldspar is a blog where I; Mark Smith, share my research, investments and experience about companies i’m interested in. For the first time, i’ve decided it’s appropriate to share a negative experience I recently had with a private company I deemed as “top-notch,” Specialized Bicycle Company. I’ve been a long time loyal customer to…
This is a journal entry about controlling your expenses and understanding how your bills effect your income through time. An individual’s potential is measured by their ability to balance what is needed vs. what is wanted. This post is about applying self-discipline to achieve a goal that can be commonly realized using very simple arithmetic. …
If a housing bubble existing in the USA collapsed international markets in 2008, would a housing bubble occurring in Asia, Australia and New Zealand collapse international markets in the near future? Why do I ask? When I visited China last month, I learned that an apartment in Beijing and Shanghai costs $10,000 USD per sq.…