08/16/2022

That was fast

A week ago the market looked ripe for further melt-up if better-than-expected inflation fueled the Goldilocks narrative.

08/15/2022

Warren Buffett's darkest secrets

Continental was smart enough to make that list twice. As of 1992, in fact – though the picture would have improved since then – the money that had been made since the dawn of aviation by all of this country’s airline companies was zero.