For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.

Returnless risk is not how you prepare for a decent retirement.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.