The Definition of Inflation: What If the Fed Got It Wrong? “Bankers know that history is inflationary and that money is the last thing a wise man will hoard.” William C. Durant July 28, 2026 What Inflation Really Means Inflation is one of the most abused terms in economics because most discussions confuse its symptoms … Read more
This Time Is Different: Centuries of Stupidity and Folly July 28, 2026 The Four Most Expensive Words in Finance Every generation believes it has discovered an exception to history. New technology, new policies, new financial instruments, or a new economic order supposedly render the old rules obsolete, convincing investors that risk has permanently declined … Read more
AI Trend Trader Service The AI sector remains in a powerful supertrend, but unlike most major technology cycles, this one appears likely to unfold in at least two distinct phases, with a possible third. For now, our focus is on the first two. Most sectors follow a familiar pattern: a rapid boom, a sharp bust, … Read more
Netflix: The Market Didn’t Punish Weak Results. It Punished Strong Results That Weren’t Strong Enough. July 27, 2026 The market’s reaction had very little to do with the quarter Netflix actually delivered and almost everything to do with the expectations riding on top of it, because when you strip the emotion away the numbers were … Read more
Why We Use Options for Structure, Not Speculation Jul 27, 2026 We receive questions about options whenever markets become slower, more volatile or directionless. The assumption is usually the same: if stocks are no longer producing easy gains, perhaps options offer a faster route to higher returns. That assumption explains why so many investors eventually … Read more
The Paradox of Patience: Unlocking Value in a World of Haste July 27, 2026 “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett The Most Misunderstood Edge in Investing Markets reward patience far more consistently than brilliance, yet patience remains one of the least appreciated investment disciplines … Read more
Forecasting Is a Career Tool, Not a Market Tool July 26, 2026 Why Most Forecasts Protect Reputation, Not Capital Financial markets are saturated with forecasts, yet their primary function is rarely to improve investment decisions. Instead, they protect reputations. Most forecasts are carefully constructed to appear thoughtful, balanced and adaptable, allowing the forecaster to remain … Read more
Stock Market Sentiment: The Dirty Secret Behind Smart Moves and Stupid Losses July 26, 2026 The crowd rarely recognises a top or bottom while it is happening because markets make people most confident after the easy part of the move has already occurred. By the time fear dominates the headlines, investors have often been selling … Read more
Manufactured Agreement:Creating Conditions Instead of Controlling Conclusions July 25, 2025 One of the oldest ambitions of persuasion was never really to inform people but rather to lift the burden of thinking clean off their shoulders, because the ideal salesman, propagandist, politician, and ideologue are all quietly chasing the same result, which is to have the … Read more
Inflation Rewards Debtors. The Real Winners Are Less Obvious. July 25, 2026 “There are plenty of good five-cent cigars in the country. The trouble is they cost a quarter.” Franklin P. Adams The Geometry of Inflation Most people believe they understand inflation because they experience its effects almost every day. Grocery bills quietly creep higher, … Read more
