Full blown panic has set in. And no one knows when it will end. The uncertainty is like a daily replay of the worst moments of the financial crisis. Except [ … ]
Category: Most Recent Stories
It’s Time to Declare War on COVID-19
We’re going to see an economic contraction due to COVID-19. No one knows how deep it will be, but there are going to be sectors of the economy that experience [ … ]
Three Things I Think I Think – Corona Edition
Here are some things I think I am thinking about: 1) Is it different this time? I wrote in my book that it’s always different this time. No two economic [ … ]
A Crisis is the Worst Time to Learn Your Risk Tolerance
When I talk to new clients I always tell them “a crisis is the worst time to learn your risk tolerance”. Unfortunately, far too many people do exactly that. They [ … ]
Three Things I Think I Think – Bubbles, Bernie & the Recliners
Here are some things I think I am thinking about: 1) Is there another stock market bubble? Over the course of the last 6 or 7 years I have consistently [ … ]
American Living Standards Have Never Been Better
Gallup released a series of polls in the last few weeks that contradict the narrative that the US economy is performing poorly and that Capitalism isn’t working for everyone. This [ … ]
Why is Shorting Stocks so Difficult?
Did you hear about Tesla? Yeah, it’s up a lot. A lot. A lot. Like, hundreds of percent a lot. Or, 400% from its recent lows. Now, that might not [ … ]
Sorry, but Your ESG Funds Probably Suck
I’ve previously discussed ESG investing and how investing in what you view as subjective morality is actually nothing more than old school stock picking. I get it – we want [ … ]
Do Recessions Need to Happen?
There was an interesting Twitter spat that, aside from personal nonsense, raised a pretty interesting question – do recessions need to happen? There tend to be two views on the [ … ]