Paying for Information (In Reverse)
A mind trick that lets you pay up for a stock.
The Falling Knife
Welcome to my Substack, where I will write about investing, marriage and family, culture, and random topics. All subscription money will be donated to The Human Fund (sorry, that's for Seinfeld fans). Really, to a good cause.
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Latest posts
So Is It an AI Bubble or Not?
Unlike the dotcom era, we're climbing a wall of skepticism.
The Stupidity of Crowds?
Picking U.S. stocks used to be easy, then it got hard. It may get easy again.
Do I Know a Bubble When I See One?
My rich pessimist golf buddy says no one can identify a toppy market, but I think there are clear signals.
SpaceX, PE, VC, and Quacking Ducks
"Feed the ducks when they're quacking" may be right for some businesses, but fund managers have an obligation to protect investors from themselves.
Bonus Post: My Favorite Rock Bios
I’m deep in the new Rolling Stones biography, which together with the World Cup have occupied my writing time, so I’m reposting one of my first Substacks, which few have seen.
Adaptation or Capitulation?
When a fund is forced to change its strategy
“If You Need More Money, Make More Money”
Is the American Dream dead? If not, what has it become?
Should You Fire an Employee the Minute You Even Think of It?
Quick termination, though it seems harsh, may be better in the end both for employer and employee.
My Obsolete Jobs
Work in the 1980s
Actually, What Is an Art Investment?
Plus, the New Gen Collectors