Some Chicago Boyz know each other from student days at the University of Chicago. Others are Chicago boys in spirit. The blog name is also intended as a good-humored gesture of admiration for distinguished Chicago School economists and fellow travelers.
Dan from Madison Something just happened that has slipped under many radars. Delaware has de-criminalized sports gambling. A bit. For the state.
In Delaware they have decided to run sports betting, on parlays basically. No word yet on if they will be allowing straight up bets against the spread. This ESPN story, which was done before the legalization is OK, but very funny in parts.
A few years ago I read “The Last Stand of the Tin Can Sailors
The courage of those men on the “Tin Cans” blows me away. These little destroyers charged headlong into the teeth of much larger Japanese warships. Many paid the ultimate price. But I don’t want to give too much away. “Tin Can Sailors” is one of my favorite all time books.
Some time ago I stumbled upon this fascinating story about one Antoine Dennis. The article is from the Wisconsin Magazine of History, and is from the issue years of 1938-1939.
The correspondent, Arthur Tenney Holbrook, recounts a tale of a tale.
Mr. Holbrook laments the fact that his son had to trek nine miles on foot to get back to his residence one night. Mr. Dennis, now 84, says – is that it?
Next time you drive to work, take a look at your odometer and measure out 9 miles. No short distance, that.
No one knows exactly what is behind the gun-buying craze.
From this article on why your guns and ammo are harder to find and more expensive.
I made a mistake several years ago, but I didn’t know it at the time. It wasn’t a dreadful mistake, but one which I thought I would share with you to perhaps give some guidance and solicit some comments.
About 5 years or so I was sold on purchasing some shares (are they really shares?) of a fund of hedge funds. I will admit right off the bat that I didn’t know what it does, what it did, or how it works. I trusted my financial advisor as he told me that it was a great way to diversify my portfolio.
Last October/November I decided to look at every single one of my investments and decide if I needed to sell the position and rebuy (to take the tax loss) or to hold, or to simply sell. I decided that this fund of funds needed some investigation.