Portrait of a Very Serious Investor
The Very Serious Investor is quite disturbed by recent goings-on in illiquid, small cap stocks with high short interests. These happenings represent a…
Author: Demonetized
The End of the Beginning
ET contributor Demonetized is back, grappling with some investment themes here at the end of the beginning.
The skinny: deep value is at best a tacti…
Hyakujos Fox
ET contributor Demonetized creates his own koan in this very personal note.
Is morality socially constructed through a process where biological syste…
On The Great Jihad And Other Possible Futures
ET contributor Demonetized channels his inner Paul Atreides to look at possible market futures - The Great Jihad, The Great Reset, and The Zombieficat…
What You Call Love
"What you call love was invented by guys like me. To sell Nylons."
Every missionary has his own version of the Don Draper quote.
Politician: What yo…
Every Shot Must Have a Purpose
Golf, as the saying goes, is a good walk spoiled. But ET contributor Demonetized finds meaning in golf's pathology of failure.
Swing mechanics and gi…
The Life Aquatic
New from ET contributor Demonetized ... how do you handle a counterparty that has engineered a Heads I Win, Tails You Lose investment?
You must be a…
The Funnel
We know what fiat news is: the presentation of opinion as fact. We also know what fiat news looks like: pop on over to Vox and skim a few stories.
B…
The Ants and the Grasshopper
ET contributor Demonetized takes a fresh look at the fable of the Ants and the Grasshopper. Or rather, it's an Epsilon Theory look, with Clear Eyes an…
The Grand Inquisition
The Nudging State and Nudging Oligarchy believe they are giving us a gift: Freedom from Choice.
Except that it is neither a gift nor freedom in any …
The Alchemy of Narrative
Every investor who wants to understand narrative and its impact on markets should read "The Alchemy of Finance", by George Soros.
ET contributor Demo…
They Live!
If you view the world through Clear Eyes, and hold loosely to your convictions, you'll have an easier time adapting to a dramatic shift in the market …
Kobayashi Maru
When facing a no-win scenario, sometimes the only rational choice is for our advisers and managers to change the conditions of the test. That doesn't …