September 2, 2021

The New GBTC…


Last summer, I recognized an odd phenomenon. An obscure entity named Grayscale Bitcoin Trust (GBTC – USA) was slowly cornering the free float in Bitcoin. This was a result of the trust structure where any capital that went in, was converted into Bitcoin, but there was no mechanism in place to ever sell coins and redeem that capital. As a result, GBTC became a Read More
Categories: Investments
Positions Mentioned: U-U CN
August 30, 2021

Speaking With Real Vision…


A few weeks back, I spoke with my buddy Wes Gray from Alpha Architect. My friends at Real Vision were kind enough to give me a non-paywalled link to share. Though you should all be paid-up subscribers (I am). Hope you enjoy. https://rvtv.io/3CTlPsO  
Categories: General
Positions Mentioned:
August 19, 2021

(In)Stability…


This weekend, I watched in baffled amazement as our President and his entire administration went on vacation, abandoning tens of thousands of Americans, along with allied citizens, to their fate in Afghanistan. America has done some embarrassingly dumb things during my lifetime, but this one displayed a special sort of arrogance and incompetence that can only develop through years of hubris, gross negligence, and Read More
Categories: Comments On Events
Positions Mentioned:
June 25, 2021

Kuppy Chats With Realvision (again)


Last week, right before the Fed decision, I sat down with Max Wiethe from Real Vision to chat about the markets and Event-Driven investing strategies. With special thanks to my friends at Real Vision, they have provided a free link to the interview. Hope you enjoy. Additionally, KEDM will be going behind the paywall in July. Saturday’s edition will be the last free one. Read More
Categories: General
Positions Mentioned:
June 21, 2021

JPOW Jests…


Thursday afternoon, there was a press conference. Some dots were moved about on a piece of paper and JPOW threatened a few basis points of yield in a year or two. I didn’t bother to tune in because I had a hunch that nothing would happen. I was correct. Absolutely nothing happened at the meeting. If not for the price action in some securities Read More
Categories: Comments On Events
Positions Mentioned: