Unfortunately, continued power outages throughout most of Connecticut mean that our ET Live! livestream will be delayed once again. We are targeting Tuesday, August 11th at 2PM ET.

The Zeitgeist

The Grifters, chapter 1 – Kodak

By Ben Hunt | July 30, 2020 | 14

We’ve been assaulted by three brutal grifts in just the past week … three smacks from Bobo and his bag of oranges … each deserving of an Epsilon Theory note.

Here’s chapter 1 – the ludicrous crony capitalism of the US government giving Kodak $765 million for “pharmaceutical supply production”.

Read more

The Stupid War

By Rusty Guinn | July 19, 2020 | 24

The war over reopening schools is a proxy war.

The real war is between political parties, but they’ve set up the fight as teachers on one side vs. parents on the other.

This is not our war. This is THEIR war.

How to stop it? We refuse to fight.

Read more

ET In Full

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)

Dude, Where’s My Financial Repression

By Ben Hunt | September 15, 2012 | 0

An initial analysis of the Sept. 15th FOMC announcement of open-ended QE. epsilon-theory-dude-wheres-my-financial-repression-september-15-2012.pdf (191 KB)

Why Do Words Matter So Much?

By Ben Hunt | August 30, 2012 | 0

Early notes on importance of Common Knowledge game in understanding market behavior. epsilon-theory-why-do-words-matter-so-much-august-30-2012.pdf (753 KB) Test: epsilon-theory-why-do-words-matter-so-much-august-30-2012.pdf (753 KB)

ET Poll

Archive Spotlight

Even When I Lie

November 28, 2018

The way I see it, there are three reasons a person becomes a liar: he believes that he must, he believes that he may, or he believes it serves a Greater Truth.

Read more

Search and Discovery

Navigate Epsilon Theory by searching for content, themes or topics traditionally or by navigating using our NLP-powered Discovery Map below.

Long-form, short-form and interactive video content are all accessible from the menus at the top of the page.

ET Live!

ET Live! – 6.30.2020

June 30, 2020

It’s the June 30th edition of ET Live!, an interactive livestream in which Ben and Rusty discuss all things narrative in the world today.

Read more