“Only government can take perfectly good paper, cover it with perfectly good ink, and make the combination worthless.” – Milton Friedman on money printing and…
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Where Inflation Actually Comes From
Where Inflation Actually Comes From
“Only government can take perfectly good paper, cover it with perfectly good ink, and make the combination worthless.” – Milton Friedman on money printing and inflationary monetary policy Every month investors, speculators, market participants eagerly await inflation data. Trillions of...
read moreWhen Did Pessimism Become Cool?
“We were told this summer would see a recession and bear market. Instead, we just had one of the best summer rallies ever.” – Ryan…
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The Fed’s Odd Rate Cut
“There’s nothing people love more than a Federal Reserve joke.” – Adam McKay, American screenwriter After months of speculation, markets have fully priced in a…
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Bitcoin’s Crazy Train
“I’m going off the rails of the crazy train.” – Ozzy Osbourne Bitcoin (BTC) started as an obscure experiment. The polarizing digital asset has barreled…
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How to Drive your Retirement Portfolio into the Ground
“Invert, always invert.” – Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett’s partner. Long-term investing is boring. Markets take time, discipline is hard,…
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The Dog That Didn’t Bark
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter…
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Bear Market Feedback is Gold
“Investors’ mental models tend to be simple, based on recent history, an extrapolation of trends, and an overreliance on frameworks that worked recently.” – Dan…
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4576 Weeks to Live
“Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You…
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The World’s Worst Investor
“Humans have something weird in their DNA which prohibits them from adopting good ideas easily.” – William Green, Richer, Wiser, Happier Sally is a nervous…
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