The recent craziness in Gamestop has resulted in a lot of hot takes on short selling. I have the hottest takes, of course, so let’s dive into this a bit [ … ]
Category: Stuff You Should Read
The Psychology of the Stock Market, in One Image
What a wild year it’s been. You could say that the pandemic was like an entire market cycle all rolled into one year. A boom, a bust and a boom. [ … ]
40 Things I’ve Learned in 40 Years
I turn 40 years old today. Since I hate birthday presents I figured I’d pass along some of the presents people have taught me over the last 40 years. 1) [ … ]
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 [ … ]
My View on “Late Stage Capitalism”
I am going to spend some time trying to put the debate about Capitalism and Socialism into perspective here. But before we can do that I need to properly define [ … ]
The Permaeverything Approach
I’m a permaeverything. Not a permabear. Not a permabull. A permaeverything. What the hell does that mean? It means I try to always maintain a relatively balanced exposure across my [ … ]
Yes, Taxes Fund Spending
In the last few years MMT has grown in popularity and they’ve promoted the idea that “taxpayers do not fund anything”. While seemingly intuitive, this narrative is fundamentally wrong and [ … ]
Let’s Stop Talking About “Paying Off the National Debt”
When we talk about personal finance we often talk about paying off our debts to become financially free. But this is a fallacy of composition. While some households can pay [ … ]
Is Government Debt “Equity”?
I’ve noticed a trend in some economic circles that seems to stem from the Positive Money and MMT people – this idea that government “debt” is “equity”. While the taxonomy [ … ]