Make, Protect, Teach

The Long Now, Pt. 2 – Make, Protect, Teach

September 11, 2019

It’s time to start a fire. To burn, yes, but also to illuminate.

My advice? Abandon the political party as your vehicle for political participation.

My alternative? Find your Pack.

My platform? Make – Protect – Teach.

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Rust and Blight

September 11, 2019

In an orchard, it isn’t always easy to tell the difference between rust and blight. The same goes for our cultural institutions.

Some should be pruned.

Some should be ripped up root and stem.

It’s not always easy to know which. But if we want our sons and daughters to sit in the shade of our trees, we must learn.

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ET In Full

Notes from the Diamond #7: Hittin ‘Em Where They Ain’t (Part 2)

By David Salem | April 25, 2019 | 20

ET contributor David Salem is back with five core tenets for achieving 5+% real returns over the next few decades.

It’s all a must-read, but I’m gonna highlight #4: “Favor equity investments in companies employing or serving primarily people with abundance as distinct from scarcity mindsets.”

This is the foundation for behavioral economics on a macro scale.

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This is Water

By Ben Hunt | April 17, 2019 | 16

Time to add a fourth shift in the Zeitgeist: capitalist productivity, now 200+ years old, is becoming capitalist financialization.

Wall Street gets something to sell, management gets stock-based comp, the Fed gets a (very) grateful Wall Street, and the White House gets re-election.

What do YOU get out of financialization? You get to hold up a card that says “Yay, capitalism!”.

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The Epsilon Strategy

By Ben Hunt | March 25, 2019 | 11

We can be better investors. Not by playing the cards we’re dealt any harder. But by playing the other players at the table a lot smarter.

It’s a new technology applied to an old investment strategy. It’s a new way to think about money flows and investor behaviors.

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Pricing Power (pt. 3) – Government Collaboration

By Ben Hunt | February 24, 2019 | 11

What killing active investment management? It’s not some monster hiding behind the rabbit. No, it IS the little white bunny. It’s the Zeitgeist of capital markets transformed into a political utility, innocuous on the surface … but with killer teeth.

How do you defeat the Zeitgeist? You don’t. The smart move, in fact, is to help the killer rabbit.

But there IS another way.

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Notes from the Diamond #6: Hittin’ ‘Em Where They Ain’t (Part 1)

By David Salem | February 14, 2019 | 0

In baseball and in investing, how do we distinguish truly great practitioners from merely good ones? Let’s start by looking at two greats who revolutionized how the game is played – Branch Rickey in baseball and David Swensen in investing.

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The Road to Tannu Tuva, Pt. 2

By Rusty Guinn | January 29, 2019 | 0

The next stops in our discovery of the process of discovery? A town of 1,282 people and the mind of a German physicist named Arnold Sommerfeld.

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ET Live!

ET Live! – 9.18.2019

September 18, 2019

We have been experiencing technical difficulties with our network connection that were adversely impacting audio output. In order to be respectful of your time, for this session we will record the video in a non-live format this afternoon and upload it as soon as we are able. We truly apologize for the inconvenience and look …

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ET Live! – 8.27.2019

August 27, 2019

It’s the August 27th edition of Epsilon Theory Live! In which political, economic and markets nihilism are the order of the day.

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ET Live! – 7.30.2019

July 30, 2019

It’s the July 30th, 2019 ET Live! Today, we’re all MMT’ers, or at least that’s the narrative in political space. But what about markets?

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ET Live! – 7.9.2019

July 9, 2019

It’s the July 9th ET Live!, where we dive into all things Libra, Facebook and get an update on market narratives.

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