investing

One of the biggest misconceptions in investing is that interest rates drive financial markets.

What David Einhorn's Oxford Union Talk Actually Teaches About Investing

Almost every great investor broke the same rule

Will Washington weaponize its own debt?

Why did John Bogle, the inventor of the index fund, spend the last years of his life warning investors about ETFs?

How Charlie Munger made billions by thinking backwards

Don't predict - avoid failure. Don't drown in due diligence. Don't become trapped by your own investment framework.

The market doesn't care that you're right

The best businesses require the least amount of genius

A man worth hundreds of millions thinks your $15 sandwich is the problem

A near-billionaire with a net worth that would require several lifetimes of sandwich-skipping to approximate has strong opinions about your lunch

Who are you actually trading against?

What if scale is the problem?

AI Isn't A Bubble, But AI Spending Might Be.

Companies Needed 2,000 Routers. They Ordered 10,000.

The problem with looking smart

The smartest funds usually die the dumbest deaths

Most people don't go broke, they become invisible

A Wall Street Veteran’s Secret: Stay In The Room

Larry Williams and the Difference Between Reading Charts and Reading Markets

The Market Doesn’t Reward Loyalty - It Punishes It

What Tennis Champions Understand That Investors Don't

Why Losing 46% of the Time Is a Winning Strategy

A Cynical Investor’s Field Guide to Manufactured Crises

The New Iran-Contra Playbook

Most Market Experts Are Selling Narratives, Not Insights

If Everyone Agrees, Who's Left to Buy?

“the system is broken”

The Crisis That Never Ended

Charts of the week

Stocks at all-time highs

Charts That Made Me an Investor

Key market insights from a decade and a half of investing

US stock market: it’s a final countdown