Jeffrey Lewis

Articles by Jeffrey Lewis

At one time I owned shares of the Vanguard 500 index fund. It was highly recommended at the time as the simple no-brainer. Just put your money there, go back to work and don’t think about it. I was marginally satisfied, though not at peace...
eu·phe·mism…ˈyo͞ofəˌmizəm…noun 

1.  a mild or indirect word or expression substituted for one considered to be too harsh or blunt when referring to something unpleasant or embarrassing.


“A good hockey player plays where...
I’ll never forget the experience of a third world traffic jam when, suddenly, everyone loses their mind and suddenly remembers that in the end, they are in it for themselves.

I had just arrived in Costa Rica, it was almost 15 years ago...
Every day we are bombarded with interest rate conjecture.  When will they raise them? How can they?

The simplest answer is that they can’t. But why not? And who are they anyway?

They are the monetary authorities. They form...
Every new chemistry student is warned about the dangers of pouring water into acid. The water causes the solution to boil over violently, splashing concentrated acid out of the container.

By definition, concentrated sulfuric acid is...
Recently, I thought it would be fun to upgrade the turbo charger on my old car. No real good reason, other than it would be free (it was given to me) and interesting. It’s a very light car that feels like a little rocket (when it works)--a...
“If everyone is thinking alike, then somebody isn’t thinking.”
―George S. Patton, Jr.

“Without any censorship, in the West, fashionable trends of thought and ideas are carefully separated from those which are not fashionable; nothing...
It is quite fascinating that the ultimate case for continued equity and bond price growth comes from the unspoken assumption that we will get another round or rounds of QE.

This open assumption is that things are so good that we are...
One must go beyond the ‘Housing Crisis’, ‘Lehman’, ’Dot Com’, or LTCM. Beyond the Peso Crisis, before the Gold window closed; go back to the lead up to the Great Depression.

We must go backward to frame this reality. Backward in time...
The next time you find yourself contemplating, worrying, or wondering with anxiety whether it’s too simple to be true; it is not simple – it’s exceedingly complicated.

Not because the fundamentals are all that hard to understand. And...

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During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

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