Low Demand, Low Supply, High Price Expectations
From the ET Forum … So that’s where we are in our local real estate market – low demand, low supply, high price expectations – and my…
Category: ZG
Let Me Make the Songs
Epsilon Theory may have gotten its formal start in 2013, but the soft launch took place in 1991. That’s when my partner Ben finished his…
The Political Autotuning of Inflation
The politicization of inflation into a partisan “There Is No Inflation!” TM narrative by the nudgers and mandarins on the left is really depressing. The…
Non-Verbal Narrative
We make it no secret that our research program here is all about using natural language processing to identify and measure narratives in the world.…
Headline Risk
The average American news consumer is exposed to far more headline text on news websites, social media apps and content aggregation sites than they are…
“Yay, Stock Buybacks!”
I saw this work of art on Twitter today, referring to Dropbox management using stock buybacks to sterilize their outrageous stock-based comp, and it made…
“Yay, Environment!”
In Epsilon Theory-speak, we use “Yay, Good-Thing!” as shorthand for a narrative that takes a linguistic construction that we all agree is a Good Thing…
Fiat News in Action
It wasn’t enough for ProPublica to do actual news reporting by publishing these tax records. The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How…
A Disturbance in the Force
Yesterday, one of Softbank’s largest portfolio companies – Katerra – filed for bankruptcy. Katerra was at the heart of the relationship between Softbank and Greensill,…
Deadly Theatre
The Deadly Theatre of corporate signaling on Pride Month continues to run rampant, with feel-good rebranding pop-ups in all the geographies where this is a…
Shot … Chaser
P&C insurer Lemonade (LMND) went public last year and now has a $5 billion market cap. They’re not just a sleepy insurance company, of course.…
Raccoonery in Action
Honestly, I kinda like Chamath-the-CNBC-talking-head. He’s iconoclastic and smart. A little too much Ben Shapiro / college debate team-esque with the “if I talk really…
The Diversification Problem
Good chart out from Barclays this morning showing the key problem for investors and financial advisors as inflation fears take root: bonds no longer provide…
Inflation as Ad Campaign
An ET Pack member sent me this. Anyone else come across ads that directly call out inflation expectations? Would love to collect more screenshots like…
Many People Are Saying … Bitcoin is Art
The Bitcoin Is Art thesis that I put out back in 2015 (The Effete Rebellion of Bitcoin) and recently put forward again (In Praise of…
Why Am I Reading This Now?
Pack member Rob H. brought this up at last week’s Office Hours, and it deserves its own thread (as well as some attention from the…
Homeschooling Resources on ET Forum?
I think a homeschooling VMPT is a natural for the ET Forum! On last week’s Office Hours conversation, ET Pack member Dan W. brought this…