Too Clever By Half

The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. When too clever by half people misplay the meta-game, that’s all the excuse the State needs to come swooping in and crush them, just as they are with Bitcoin today they did with Bear and Lehman in 2008. Installment #10 from Notes from the Field.

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Always Go To the Funeral

Working and living on a farm means learning how to bury friends and pets. Working and living as an investor means learning how to bury investments. Part 5 of the Notes from the Field Series.

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