Archive for August 20th, 2017

These 400-square-foot homes are built for accessibility and include a living room, galley kitchen as well as a bedroom. They also fit squarely in the yard.

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My last column, Don’t Be Silly, Youre Not Investing When You Buy Collectibles, argued thatpostage stamps, baseball cards, beanie babies, and other collectibles are not real investmentsbecause they dont generate any income. I received several responses, public and private, arguingthat gold, expensive jewelry, scarce coins, rare books, and fine art are investmentsevidentlybecause many people own them and their value has gone up over time.
For a value investor, an object is not an investment just because its price has gone up. A valueinvestor thinks of an investment as a money machine…

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With its decision last week to take the first step toward a trade war with China, the Trump Administration is starting to seem more and more like the Sonny Corleone character in the Godfather, anxious to go to the mattresses. Whats needed is a wise consigliere to explain to the president that this is business, not personal and all of the business and economic arguments are against starting a battle that both sides would lose. The battlefield would be strewn with injured industries, workers and consumers American as well as Chinese.
Perhaps the most dispiriting aspect of any…

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Donald Trump is fixated on a vision of masculine, blue-collar employment. But the retail sector has long had a far greater impact on American employment – and checkout-line technology is putting it at risk

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<p>Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches.</p>

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Exelon's Three Mile Island nuclear power plant will shut down in 2019 unless Pennsylvania or a regional grid operator intervenes.

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