How trend-following works in a downtrending market.
Behavioral Finance/Psychology
When Buy-and-Hold Dies
When buy-and-hold dies.
A Valuable Reminder From the Market Gods
An update on Tesla, Bitcoin, MicroStrategy and other highfliers that are taking a beating at the moment.
Why Are Higher Egg Price So Painful?
Loss aversion in the price of eggs.
Some Things I’m Thinking About
The stuff that really matters is becoming clearer by the day.
Simple Explanations to Complex Topics
Some thoughts on 401ks and rich baby boomers.
Don’t Freak Out
Some thoughts on tariffs and Apollo 13.
Is This a Bubble?
A deep dive with some help from Howard Marks on bubble talk in the markets.
Does Buy the Dip Work?
A closer look at the pros and cons of a buy the dip strategy.
Margin of Too Much Safety
Why Seth Klarman has underperformed.
