The Zeitgeist

The Church of the Long Now

By Ben Hunt | January 17, 2020

That Which We Call a Law School

By Rusty Guinn | January 16, 2020

Shot, Chaser

By Ben Hunt | January 13, 2020

Alpha/Beta Amnesiacs

By Rusty Guinn | January 10, 2020

An Experiment

By Rusty Guinn | January 6, 2020

Normalize This

By Ben Hunt | January 3, 2020

A Perfect Meme

By Rusty Guinn | December 31, 2019

An End to War!

By Rusty Guinn | December 17, 2019

It’s Not So Much …

By Ben Hunt | December 16, 2019

One Narrative Keeps on Trucking

By Rusty Guinn | December 9, 2019

Mailbag: By Our Own Petard

By Rusty Guinn | December 7, 2019

Presented Without Comment

By Ben Hunt | December 4, 2019

Hyakujos Fox

By Demonetized | December 3, 2019

Our Dumb World

By Rusty Guinn | December 2, 2019

A Cycle of Addiction

By Peter Cecchini | November 26, 2019

The Long Now, Pt. 4 – Snip!

The Long Now has severed the tether between taxation and spending – the most important macroeconomic policy relationship in our social lives as both investors and citizens.

Here’s what that means.

And here’s what we’re going to do about it.

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ET In Full

Epsilon Theory Manifesto

By Ben Hunt | June 1, 2013 | 1

Our times require an investment and risk management perspective that is fluent in econometrics but is equally grounded in game theory, history, and behavioral analysis. Epsilon Theory is my attempt to lay the foundation for such a perspective. The name comes from the fundamental regression equation of modern portfolio management: y = α + β+ …

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Friday Was an Important Day

By Ben Hunt | November 18, 2012 | 0

An initial examination of the informational inflection point generated by the Nov. 18th Boehner/Reid press conference. epsilon-theory-friday-was-an-important-day-november-18-2012.pdf (247 KB)

Don’t Mess with Mister In-Between

By Ben Hunt | November 8, 2012 | 0

Early research on the relationship between informational surfaces and structural market change. epsilon-theory-dont-mess-with-mister-in-between.pdf (244 KB)

Jack Welch was Right

By Ben Hunt | October 29, 2012 | 0

An analysis of systematic error in BLS data and its role in the Narrative regarding US labor conditions. epsilon-theory-jack-welch-was-right-october-29-2012.pdf (219 KB)

Donald Rumsfeld and Risk Management

By Ben Hunt | October 7, 2012 | 0

Early notes on investment as an exercise in decision-making under uncertainty. epsilon-theory-donald-rumsfeld-and-risk-management-october-7-2012.pdf (197 KB)

Hello Darkness My Old Friend

By Ben Hunt | September 29, 2012 | 0

Growing political fragmentation in Europe and its structural consequences for markets. epsilon-theory-hello-darkness-my-old-friend-september-29-2012.pdf (123 KB)

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ET Live!

ET Live! – 12.19.2019

December 19, 2019

Join us at 2PM ET on December 19th for the last 2019 edition of Epsilon Theory Live! for a lively – and live – discussion of the narrative intersection of politics and financial markets.

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ET Live! – 11.19.2019

November 19, 2019

It’s the November 19th, 2019 edition of Epsilon Theory Live! Be sure to join Ben and Rusty for a discussion of all things narrative in the world of politics and markets.

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ET Live! – 10.22.2019

October 22, 2019

In which Ben and Rusty discuss the three Ps of the narrative of a functioning government – and why their cartoons are being stretched to the limit.

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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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