“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase…
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Bitcoin, What Of It?
Recession Signals that are Flashing Red
“There are decades when nothing happens, and weeks when decades happen.” – Uday Kotak, founder of Kotak Mahindra Bank The gap between how people are feeling about the economy and what’s happening is bigger than the Grand Canyon. The soft...
read moreInvesting at All-Time Highs
In the early years of the smartphone, it was quite common to carry a personal cell and a work cell. Eventually, we wised up at…
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Is Inflation Coming?
The health and wellness gurus will tell you that they meditate for two hours, exercise, and eat egg whites all before 6am. I check my…
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Is Your Portfolio Drunk or Sober?
“Take calculated risks. That is quite different from being rash.” – George S. Patton Let’s say I’m invited over to your house for dinner. We…
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The Blue Wave and Stock Returns
““We are beginning to see trends that people tend to fear what they are exposed to in the media. Many of the top 10 fears…
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Getting a Fat Pitch and Not Swinging
“Amateurs think the world should work the way they want it to. Professionals realize that they have to work with the world as they find…
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Investing in a 0% World
“Zero rates aren’t a new normal; they’re just normal in Japan.” – Verdad Capital That didn’t last long. After four years of “normalizing” rates from…
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Good from Far, but Far from Good
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very…
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Scratching Your Degenerate Itch
“Bad bets sometimes pay off.” – Marty Rubin, Canadian Author There’s been a stir in financial media about Robinhood traders bidding up bankrupt companies to…
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