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New Home 21

Reinventing the Financial System

By Marc Rubinstein | June 15, 2021 | 4 Comments

If you’re like me, you’ve been put off from digging deeper into DeFi by the terrible signal-to-noise ratio of anything crypto-related on the interwebs. That’s why I found this DeFi primer (using Maker DAO as a specific example) by ET contributor and banking analyst Marc Rubinstein to be so fantastic.

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Why Am I Reading This Now? 12.19.22

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



Why Am I Reading This Now? 12.12.22

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



Why Am I Reading This Now? 12.05.22

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



Why Am I Reading This Now? 11.28.22

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



Why Am I Reading This Now? 11.21.22

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



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Why Am I Reading This Now? 01.23.23

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



Why Am I Reading This Now? 01.16.23

Recent major media stories that feel to us like they’re part of a larger narrative campaign.



What Do We Need To Be True?

By Rusty Guinn | April 6, 2021 | 44 Comments

Modeling common knowledge by analyzing missionary statements and their reverberations works. Except when it doesn’t.

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A Tiger Can’t Change Its Stripes

By Ben Hunt | March 30, 2021 | 32 Comments

What do you get when you give a raccoon billions of dollars AND invisibility from regulators? Collusion and insider trading.

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Hot and Cold

By Rusty Guinn | March 23, 2021 | 26 Comments

Most of us are under the impression that a protracted conflict within China will increase national unity. Not this time.

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Recent Notes

Office Hours Recap 01/27/2023

By Harper Hunt | January 30, 2023

These are the major topics and ideas we discussed during the 01/27/2023 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Office Hours Recap 01/20/2023

By Harper Hunt | January 23, 2023

These are the major topics and ideas we discussed during the 01/20/2023 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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“Yay, College!” Part 1: The Smiley-Face Super-Villainy of American Higher Education

By Ben Hunt | January 22, 2023

The modern American system of higher education – especially its most prominent public and private universities – is less our Superman than our Homelander, a smiley-faced faux superhero who does The Man’s dirty work in exchange for wealth, privilege and … our cheers.

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Metaphysics, Consciousness, Nature of Reality: a Thread from the ET Forum

By Ben Hunt | January 19, 2023

The craziest thing happens when there’s no audience, when you’re talking with other actual human beings for the right reasons … you not only have actual conversations, you not only move quickly past politics into subjects that are far more interesting and far more relevant to our actual lives than politics, but you make actual friends

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Hodor

By Rusty Guinn | January 10, 2023

The Story of Adequate Liquidity doesn’t exist and shift on the margin. Instead, it exists in two states: it is normal, or it is broken. Once the threshold between these states is crossed, it is very hard to tell the old story. Sometimes impossible.

There is almost no price too high to keep that story from jumping over that threshold.

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Office Hours Recap 01/06/2023

By Harper Hunt | January 9, 2023

These are the major topics and ideas we discussed during the 01/06/2023 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Office Hours Recap 12/30/2022

By Harper Hunt | January 3, 2023

These are the major topics and ideas we discussed during the 12/30/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Epsilon Theory 2022 in Review – Foundation

By Ben Hunt | December 29, 2022

2022 was our ninth year of publishing Epsilon Theory. It was also our best.

We’re changing the way the world sees the invisible water in which we swim – narratives.

And we’re just getting started.

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Covid is China’s Vietnam War

By Ben Hunt | December 22, 2022

Covid is China’s Vietnam War, and the current outbreak is their Tet Offensive.

This is how common knowledge changes, as now everyone knows that everyone knows that the CCP is not just a liar, but an incompetent, failed liar.

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Office Hours Recap 12/16/2022

By Harper Hunt | December 19, 2022

These are the major topics and ideas we discussed during the 12/16/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Webinar: It’s Not Just SBF – How to Recognize and Avoid Wall Street Cons

By Ben Hunt | December 14, 2022

A webinar on recognizing and navigating the confidence games, big and small, of our investing world, and coming out the other side with our integrity and assets intact.

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Office Hours Recap 12/09/2022

By Harper Hunt | December 12, 2022

These are the major topics and ideas we discussed during the 12/09/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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The Recipe for Agent Orange – The Projection Racket, Pt. 3

By Rusty Guinn | December 1, 2022

There is a true story of free market capitalism. It is one of humanity’s greatest and most important stories.

There is also a myth of free market capitalism. It is one of humanity’s most manipulated stories.

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Office Hours Recap 11/18/2022

By Harper Hunt | November 21, 2022

These are the major topics and ideas we discussed during the 11/18/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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The MacGuffin, Part 2: The Story Arc of SBF and FTX

By Ben Hunt | November 18, 2022

The MacGuffin is the object of desire.

It is the thing around which the plot of the story revolves.

Here is the story arc of SBF and FTX, and the MacGuffin that anchored it all – the Magical Money Machine.

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Office Hours Recap 11/11/2022

By Harper Hunt | November 14, 2022

These are the major topics and ideas we discussed during the 11/11/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Stock Buybacks!™ and the Monetization of Stock-Based Compensation

By Ben Hunt | November 9, 2022

I love stock buybacks, but I despise Stock Buybacks!™ – the issuance of new shares to management with one hand and the buying back of those shares with the other.

Over the past decade, Stock Buybacks!™ have transferred more than a trillion dollars from shareholders to managers. Not founders, not entrepreneurs, not risk-takers … managers.

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Office Hours Recap 11/04/2022

By Harper Hunt | November 7, 2022

These are the major topics and ideas we discussed during the 11/04/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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Cursed Knowledge #15: Sir Edmund Hillary Thinks You’re An Ass

By Harper Hunt | October 28, 2022

Mt Everest is a death trap. Everything about the mountain is designed to kill you. So why are so many people going up there? Why do we ignore the very real and very dangerous narratives that are right in our face.

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Office Hours Recap 10/21/2022

By Harper Hunt | October 24, 2022

These are the major topics and ideas we discussed during the 10/21/2022 Office Hours as well as some of the biggest takeaways. If you have something you want to add to the conversation, let us know in the comments and join us next time.

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