April 19, 2021

Trading “Project Zimbabwe…”


At the depths of the COVID crash, I began writing extensively about the equity market ramifications of unlimited fiscal and monetary stimulus. To start with, it was obvious that the equity markets would blast higher—as a result I strapped on as much exposure as I could stomach while remaining a responsible fiduciary. I was also early to recognize the massive influx of retail traders ... Read More
Categories: Comments On Events
Positions Mentioned:
April 8, 2021

KEDM Is Hiring!!!


Dear friends, Have you ever dreamed of working in South Florida, yet never having time for the beach? Do Excel Macros get you excited? Do you enjoy reading 10-K’s until your eyes burn? Ever wanted to experience indentured servitude wages? Then we have a job for you!! The time has finally come—KEDM is hiring. There’s a lot of Alpha trapped out there and we ... Read More
Categories: General
Positions Mentioned:
April 7, 2021

All Good Things Must End…


I’ve been trading stocks for two decades now. As time goes on, I get more attuned to my own gut feel—a gut feel that has been honed from countless mistakes along the way. I don’t know why, but when I have trouble sleeping, it is always about some position of mine. I play the scenarios over in my mind, I think it through, but ... Read More
Categories: Investments
Positions Mentioned: GBTC
March 29, 2021

Ponzis Go Boom!!!


For the past few years, I have been critical of the Ponzi Sector. To me, these are businesses that sell a dollar for 80 cents and hope to make it up in volume. Just because Amazon (AMZN – USA) ran at a loss early on, doesn’t mean that all businesses will inflect at scale. In fact, many of the Ponzi Sector companies seem to ... Read More
Categories: Comments On Events
Positions Mentioned: GBTC
March 22, 2021

Who’s Scared Of A Few BPS…???


Over the past few months, bonds have had one of their sharpest selloffs in history. This should be no surprise. JPOW and Yellen have been quite clear that they intend to create epic levels of inflation and shred bondholders. History is replete with paper currencies getting debauched. As a result, I expect that our clueless band of inflationeers will succeed beyond their wildest dreams—especially ... Read More
Categories: Investments
Positions Mentioned: Bitcoin, CNR, JOE
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