Tag: understanding compound interest

Buy and Hold On A Grand Scale

In 1803 the United States and France concluded the Louisiana Purchase.  There are many lessons in that agreement. For those with faint memory, the deal is a purchase by the United States that involved approximately 828,000 square miles of territory.  That is an area… Continue Reading “Buy and Hold On A Grand Scale”

Sell Alaska

No one ever went broke taking a profit.  Maybe it is time for the Americans to sell Alaska.  Steve Mufson of the Washington Post published this piece on December 14th.  To solve our debt problems, let’s sell Alaska  His thesis is that Alaska is… Continue Reading “Sell Alaska”

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