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Last week, the financial services giant Northwestern Mutual released new data showing that 1 in 3 Americans has less than $5,000 in retirement savings. It’s an unfortunately familiar story. And Northwestern Mutual’s data is entirely aligned with other research we’ve seen in the past, including our own. The Federal Reserve’s

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular Notes articles of 2018. Today’s article was originally published on May 15, 2018.] As if things weren’t bad enough for beleaguered Tesla… The company lost $1.1 billion

On October 22, 1981, the national debt in the United States crossed the $1 trillion threshold for the first time in history. It took nearly two centuries to reach that unfortunate milestone. And over that time the country had been through a revolution, civil war, two world wars, the Great

This one is really infuriating. It started back in 2016… on April 6th to be specific. A Philadelphia-area mother walked into a clinic because her 7-month old baby was being excessively fussy. The doctor performed a cursory examination, concluded the baby had an ear infection, and prescribed an antibiotic. Later

In 1923, a young Jewish immigrant from a small town in modern-day Ukraine founded a candy company in Brooklyn, New York that he called “Just Born”. His name was Samuel Bernstein. And if you enjoy chocolate sprinkles or the hard, chocolate coating around ice cream bars, you can thank Bernstein–

Every year around this time I attend a small, private event to break bread with some of the most invigorating people I know. There’s only about 100 people in the room– but they’re all at the top of their game… business and intellectual leaders from a variety of industries. And

It was just a month and a half ago that Tesla approved an eye-popping long-term pay package, worth as much as $50 BILLION to founder and CEO Elon Musk. And on Wednesday afternoon, Tesla held its first corporate earnings call since then. You’d think that Elon would have been gracious

[Introduction from Simon: We’ve got one more investing Notes today. This essay, originally published in August of 2016, I think best exemplifies the strategy Sovereign Man’s Chief Investment Strategist, Tim Staermose, uses in his 4th Pillar investment service. It shows you the huge potential in buying quality assets for less

[Introduction from Simon: Notes readers know I’m nervous about the market today. Prices for stocks, bonds and real estate are near all-time highs. Meanwhile, government, corporate and consumer debt are also at all-time highs. And in the face of record valuations and record debt, we’re seeing rising interest rates (the

Is it Friday again? Must be time for another banking scandal! Seriously– these banking scandals are happening with such regularity and predictability it would be almost comical. . . were it not for the millions of people who have had their lives turned upside down. The latest transgression involves, once

In June 1884, a local farmer named Jan Gerritt Bantjes discovered gold on his property in a quiet corner of the South African Republic. Though no one had any idea at the time, Bantjes’ farm was located on a vast geological formation known as the Witwatersrand Basin… which just happens

On June 6, 1991, Richard Overton finally hit his breaking point. Apparently, Mr. Overton had been spending quite a lot of time in front of his television, watching a flurry of beer commercials featuring scantily clad women falling all over themselves for average looking men. Overton realized immediately that drinking
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