Category: The Zeitgeist

Stimulus is dominating market news, and even with an election coming up is playing an outsized role in political news. So what is the current fiscal s…

Once Daryl Morey's new idea became the common knowledge of the NBA - once everyone knows that everyone knows that the way to win NBA games is to maxim…

The frustrated money manager is almost always a smart, accomplished professional in his own field who believes VERY much in the existence of The Smart…

One day we will recognize the defining Zeitgeist of the post-GFC Obama/Trump years for what it is: an unparalleled transfer of wealth to the manageria…

Yesterday, 5 GOP Senators wrote a letter to Netflix, saying that their plan to adapt Liu Cixin's "The Three Body Problem" for TV/film amounted to "com…

My RBG story ... I thought she'd be all about women's rights and legal theory this and legal theory that. I was SO wrong. RBG's death is an enormous…

The go-to move by sophists like Vox and Trump is to claim that "many people" are asserting their made-up premise that justifies an otherwise ludicrous…

Recent price action in Tesla is the Common Knowledge Game in action. It is the power of the crowd watching the crowd. It is the power of – not wha…

Seeing cartoons made from data doesn't give us license to ignore the underlying feature of the world being measured - it gives us a duty to cut throug…

Doug Parker, American Airlines CEO and Chairman of the Board, wrote a letter to his employees today that pretty much defines high-functioning sociopat…

In the age of capital markets as carny show, we are told by barkers like Cramer that this is what a smart investor or management team does ... they sh…

There is nothing wrong with wanting the US to bring back certain critical manufacturing industries to its shores. But don't buy the narrative that a…

Is murder bad? Hmm, I dunno. What are the chances I will be caught and what price will I pay if that happens? If the odds are high enough and the pric…

"He who controls the spice controls the universe." The world's principal supplier of semiconductors - the spice of OUR global empire - is now Taiwan.…

Everyone is in a tizzy about day traders and Robinhood. "Ooooh, they're going to have such a hangover when the bubble pops." Pffft. They'll be fine.…

Both Trump and Biden have proposed $2 trillion spending plans for next year, confirming exactly what we wrote last December. To the dollar. To the wor…

Sometimes good news comes from unexpected places. And sometimes it's best just to go with it.

Market propaganda used to be an art form, I tell you! What happened to us? The transformation of capital markets into political utilities happened.

We all know someone who is in urgent-but-not-emergency need of some medical procedure that can't be scheduled while Covid-19 is storming the hospital …