"Games are all about taking risks." – James Altucher In 2013, we took a film crew to Greenwich, Connecticut. At the time, the stock market and economy had "recovered" from the Panic of '08, and we were making a film about "risk!". We wanted to know how the bailouts and the Fed's quantitative easing program […]
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Stocks
Three Ways to Lose Money in 2024 (No. 3 Is Big)
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Dear Fellow Expat: Some people just don't like money. You probably know these people. They get a paycheck and install a waterfall for an above-ground pool… Or they'll take an all-expenses trip to Lake Okeechobee. (Who knew the Red Roof Inn had a Presidential Suite?) People can do what they want… but we'd advise that […]
We're moving
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Dear Fellow Expat, It's been a wild few months here in the Florida Republic. Like the rest of the world, we've witnessed skyrocketing interest rates, the escalating crisis in Israel, and the beginnings of a major debt meltdown. None of which are good, but all of which we need to monitor and understand. UNLIKE the […]
Shut Up And Play Your Guitar
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The tyranny of a prince in an oligarchy is not so dangerous to the public welfare as the apathy of a citizen in a democracy. — Montesquieu The market has largely sloughed off the Israel-Hamas conflict. In the four trading days since Hamas paraglided over the border into Israel and murdered 260 young people at […]
My Dance Moves are Better than This Proposed Move...
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Dear Fellow Expat: Last night, my wife and I found ourselves in Tampa, Florida. We attended a concert by Noah Kahan, an indie/folk musician who has emerged as a Tour De Force in the post-COVID world. This was my wife's idea… and it was a fair trade for my trip to Baltimore to watch the […]
Postcards: Cross Country Weather (And Risk)
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Before we get started, I wanted to show you something really cool. My colleagues at LuckBox magazine took my article on Cathie Wood last week and turned it into a video. It's on YouTube, and I narrated it. Check it out. And please leave a comment. Dear Fellow Expat: Two days ago, I said there […]
Other Peoples' Kids, Icebreaker Stocks, and the Comedy of the Fed
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Dear Fellow Expat: You know what I really like? Other people's kids. My daughter's schoolmate had a birthday party. The theme was dinosaurs. There was a dino cake, a dino waterslide, and many other toys and treats – all things Paleo era. Of course, I was cornered by a mystery eight-year-old who insisted I learn […]
Postcards: The Only Voice That Matters This Week
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Dear Fellow Expat: Two weeks ago, I wrote my most important column of the year. I didn't think much about it then. I suggested that oil stocks might sell off due to overbought conditions. And then… it happened today. Everyone is clinging to the Fed speeches this week. What will they say about interest rates? […]
It's Two O'clock Somewhere
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Dear Fellow Expat: In the Florida Republic, Two O'clock quickly becomes Five O'clock as the season returns. The humidity is still somewhere between "melting" and "soaking". But that will soon pass – as October gives way to somewhat more reasonable temperatures. The snowbirds are starting to fill up the bars. It's competitive at 3 p.m. […]
Rapid Intensification
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The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him. — […]
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