MarkMaunder dot com

So… Greece just defaulted

Here’s a little reminder that sovereign debt is unsecured. Greece just defaulted. And for some reason only Reuters are calling it like it is. Expect fireworks tomorrow. Here’s the story: http://blogs.reuters.com/felix-salmon/2011/07/21/greece-defaults/

July 21, 2011 | Economics | No comments

The DOW 10K priced as opportunity cost

Economists love the concept of opportunity cost because it gives you a the real long-term value of an investment or purchase in relative terms – which is really the only way to calculate value. On Wednesday the DOW hit 10,000 again. The US financial press did their part to ring the bell while the banking […]

October 17, 2009 | Economics, Finance | No comments

My name is Mark Maunder. I've been blogging since around 2003 when I started on Movable Type and ended up on WordPress which is what I use to publish today. With my wife Kerry, I'm the co-founder of Wordfence which protects over 5 million WordPress sites from hackers and is run by a talented team of 36 people. I'm an instrument rated pilot and I fly a Cessna 206 along with a 1964 Cessna 172 in the Pacific Northwest and Colorado. I'm originally from Cape Town, South Africa but live in the US these days. I code in a bunch of languages and am quite excited about our emerging AI overlords and how they're going to be putting us to work for them.