Substack Library

Glossary

China Context

For foreigners, particularly Americans, it’s hard to make sense of Chinese policy because the systems are so different. This is evident in the reaction to Chinese regulators’ decision to defenestrate private Chinese education companies. A representative sample from Bloomberg:  “after a week of wild market swings and tense calls with clients, some investors have decided China just isn’t worth the trouble.” For the record, China’s stock market is up 27% since Jan. 1, 2020 and down 7% this year.  With that in mind, some context.

A Woman’s World

There is nothing more natural than having babies. Sitting at a desk in a public library, I watched about 30 of the next generation wobble uncertainly on the grass, shaded by tall trees. “You put your left foot out…,” they sang, a young parents’ group from the look of it or, more accurately, mostly a young mother’s group since there was just one man.

Our Stock Market Addiction

Dude, everyone is doing it, just re-register your company as an C-Corp and put out the call for money. In this environment, why not?

Discontent

I’m thinking Canada, he said, looking up to judge my reaction.

A Covid Hangover

When I was an adult, I asked my father––a tall, lean man with a shock of white hair–– how he invested money when I was a kid. His answer was simple: he didn’t. In part, this was probably because the markets didn’t interest him. In part, I suspect this was because he grew up during the Great Depression. For him, stocks losing 90% of their value wasn’t an aberration, it was life.

US & China Entwined

What’d you think when Reagan called you guys the evil empire?

A Father’s Role in Thwarting Crime

Many winters ago, New England sunk under snow, passing a Russian speaking family up a hill, all of us on cross-country skis, them perhaps not realizing I understood them. I’d put their boy at 5 or 6.

Deflationary Locusts

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How Not To Die On Vacation

Forty feet, said Henry. 

All Companies Die

“With liquidity like it is, it’s crazy not to get funding.”