Michael Gracie 

…where the buffalo roam… …and fat trout eat black sculpins for play. Where seldom is heard a discouraging word, and skies are free of tornados all day.

They are calling it a ‘floor’: Pakistan set a floor for stock prices on the benchmark exchange, moving to halt a plunge that has wiped out $36.9 billion of market value since April. Securities can trade within their daily limit of 5 percent “but not below the floor-price level” of yesterday’s close, the exchange said [...]

Amongst my inner circle I was voted “Least Likely to Attend the Democratic National Convention.” In fact, I didn’t receive an invitation to a single sanctioned event…bummer. And I’ve never been too big on gambling either, but I have been enticed into a few small-stakes poker games. And last night it just so happened to [...]

It’s an oldie by ‘books in the internet age’ standards, but it’s still a goodie. Modern Streamers for Trophy Trout was written by Bob Linsenmann and Kelly Galloup with one goal in mind – figuring out and communicating what makes big trout tick so you can catch more of them. The Meat The main premise [...]

The company says they have the problem under control, but it’s probably just the first inning for Facebook spam. Bound to happen sooner or later.

Things I missed because I was doing fun stuff like running from tornados How to stop the next bubble? While the read is interesting, there are certainly plenty of conflicting arguments amongst the discussion participants (summary: they don’t really know the answer). It’s primarily a macroeconomic and regulatory chat – nobody seemed willing to touch [...]

Filled up the truck and drove to South Park. Stripped streamers all morning while everyone else nymphed. And everyone got into fish but me, unless you consider a sucker on a brown woolie bugger a fish (which I don’t). We had a fine picnic lunch and then headed back out. Nary an hour had passed [...]

Circulating via email, but good enough to share… At VANDERBILT: It takes two; one to change the bulb and one more to explain how they did it every bit as good as the bulbs changed at Harvard. At GEORGIA: It takes three; one to change the bulb and two to stabilize the rolling beer keg [...]

Short and sweet I attended the premier of I.O.U.S.A. last night. Included in the opening was a live simulcast discussion with Warren Buffett (Berkshire Hathaway), Peter Peterson (Blackstone Group), David Walker (former head of the GAO), William Niskanen (Cato), and William Novelli (AARP). The Movie The movie’s subject…the national debt, and the format was designed [...]

If you’ve already planned your weekend, keep reading. Otherwise, you have more important things to do. Why the rumors about the Mormon Church buying Facebook made sense – it’s about genealogy business. Personally, I think the Mormon Church is run by very smart folks, and very smart folks don’t buy businesses that don’t justify their [...]