Two ways to deal with noise.
Behavioral Finance/Psychology
Preparing Without Predicting
Some thoughts on how to create an investment plan for an unknown future.
Updating My Too Hard Pile
Are software stocks a buy here?
Markets Are Now a Beauty Contest on Steroids
The John Maynard Keynes beauty contest is alive and well in today’s market.
The Railway Bubble vs. the AI Bubble
A story about George Hudson and the railway bubble.
Going All-In on MSTR
How do you help someone who makes huge investment mistakes?
Why We Can’t Have Another 1929
Could another Great Depression actually happen?
Ben Graham & Bull Market Brains
Bull markets make you feel smarter than you are. Bear markets make you feel dumber than you are.
Is Now the Time to Go All-In on Tech Stocks?
Should young people care about bubbles? Is now the time to double down on tech stocks?
The Melt-Up
Over the past 10 years the Nasdaq 100 is up almost 20% per year. From the March 2009 lows, the Qs are up 22% per year! That’s more than a decade and a half with annual returns that would make Warren Buffett blush. This has been a magical bull market run. We all know why….
