Part 1 of a three-part series on what it means to have a polarized electorate and a monolithic market. Today's note: the Age of Ridiculousness and the…
Part 13 of the Notes from the Field series discusses the Narrative Machine, which can help us see the invisible memes that drive our political behavio…
The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. When too clever by half…
Everyone reading this note has, at one time or another, gotten scared about markets and decided to hedge their professional portfolio or personal acco…
What if I told you that the dominant strategies for human investing are, without exception, algorithms and derivatives? I don't mean computer-driven i…
The pecking order is a social system designed to preserve economic inequality: inequality of food for chickens, inequality of wealth for humans. We ar…
It was no great secret that Weinstein was and is a serial rapist. Apparently everyone in Hollywood was familiar with the stories. It was ubiquitous pr…
In Part 6 of the Notes from the Field Series, Ben observes that we think we are wolves, living by the logic of the pack. In truth we are sheep, living…
We're back with episode 24 of the Epsilon Theory podcast! Ben shares his thoughts on the inflation narrative and a new idea reminiscent of C-SPAN to m…
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