Here is one thing I think I am thinking about three times. 1) The money supply as the cost of capital. In a recent interview MicroStrategy CEO Michael Saylor was criticizing Warren Buffett's cash management. [...]

Here are some things I think I am thinking about this weekend: 1) Is the USA Going BANKRUPT? I joined Ben Carlson and Duncan Hill last week to discuss the never-ending controversy over the US [...]

The baseline assumption from markets in the aftermath of the Trump victory is that the economy will be modestly more inflationary than otherwise expected. But what if the market has this one exactly wrong? What [...]

I was really humbled to be featured on the Excess Returns podcast in one of their big lessons episodes. In this episode they discuss the 8 big lessons they've learned from me over the years. [...]

Here are some things I think I am thinking about: Politics. What a mess of a topic. But thankfully, as a perfectly moderate pragmatic thinker who is invulnerable to biases (lol) I am here to [...]

In a few short days/hours there will be a new President of the United States. Between now and then and long after you will hear biased stories about how the world is going to be [...]

If you missed the early weekend reading then please see here. But if you really want to ruin your weekend then please keep reading this special labor market edition of weekend reading. How about that [...]

1) The SMCI Debacle SMCI has been on of the darlings of the AI boom over the last few years. But earlier this week they announced some, um, accounting “irregularities”. Not great. Now, I don’t [...]

Here are some things I think I am thinking about this weekend: 1) NVIDIA Versus the World. Jason Zweig posted this incredible figure on Twitter the other day which shows the market cap of Nvidia [...]

You just have to love the short-term overreactions of Mr. Market. Just two months ago we get a weak employment report and investors are panicked that the Fed is too tight. Then we get a [...]