Investing

A Few Learnings From Memory Chip Mania: Micron and SanDisk

What Drove the Memory Chip Mania? If you blinked at all over the last year, you…
The Greatest Deflationary Force of Our Time

The greatest deflationary force AI and GLP-1 drugs represent may be the most underappreciated economic shift…
Markets and Good Weather

As you age you are reminded that good weather is always better than markets. Never let…
Investing Lesson #5: There’s No Such Thing as “Free” Research

In financial markets, nothing is ever “free.” It may look free. It may feel free. It…
When Doing Nothing In Markets is The Move

“If a man knows not to which port he sails, no wind is favorable.” – Senaca…
Bonds Are Back

A scrappy old bond trader once said to me: if we go below 5, we’re going…
Invisible Guest Theory and Investing

The Invisible Guest Theory is one of those ideas that stops you cold. It suggests that…
Investing Lesson #4: Always Someone Faster Than You

I was taught early on to frame athletic competition in specific way, to understand the depth…
Thomas Jefferson’s Wisdom on Being Young and Broke

“I know nothing more important to inculcate into the minds of young people than the wisdom,…
The Who Cares Mentality

As the Winter Olympics pick up, I am enjoying watching the various sports that revolve around…