Monthly Archives: June 2020

An Epic Signal Of A Blow-Off Top

Cue the “Buffett is an idjit” Tweets.  Then run like hell. Frame it. Epic, will be in the financial history books with Irving Fisher. I’d love to be an idjit worth $80 bn. BTW, I have this most incredulous side … Continue reading

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Introducing Our CK-35 Large Cap Portfolio

We have been teasing you over the past month about rolling out the CK-35 portfolio of GMM’s new crack stock picker, Carol K.   The CK-35 has a nice ring to it, no?  Kinda the like the NIkkei 225? Huge Outperformance … Continue reading

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TOTD: Valuations Matter

TOTD – Treat of the Day Microsoft was a great company in 1999. $MSFT was still a great company in 2017 – it would take you 18 years for you to break even if you bought it in 1999. Valuation, … Continue reading

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Why You Can’t Fight Distraction – Bloomberg

Bloomberg QuickTake Originals Research shows that our brains are designed to be distracted. Scientists from Princeton University and the University of California found that our brain refocuses our attention four times every second. So as you read this sentence your … Continue reading

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Chasing The FOMO Titanic Rally

FOMO – (Fear Of Missing Out) Panic buying is a type of behavior marked by a rapid increase in purchase volume, typically causing the price of a good or security to increase. From a macro perspective, panic buying reduces supply and creates … Continue reading

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QOTD: Beautiful Or Bleak America?

QOTD:  Quote of the Day     One of the most profound quotes I have come across recently from a best friend, fellow economist, and member of my Socratic Club, a debating society I have belonged for over twenty years.  … Continue reading

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The Moment I Knew America Was In Trouble

We are reposting a piece from June 1st as we concerned about the stability of the American Street and where the country was headed.  We were worried about a future full of “peril,” and after the events of last Wednesday, … Continue reading

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