Terms of Service

Terms of Service

Epsilontheory.com, composed of its associated sites and comment sections (the “Site”), is intended to provide a venue for a robust and open exchange of information, opinions, and comments. We are free speech absolutists, and do not intend to heavily censor the comment sections. We also want people to feel comfortable sharing their thoughts, expertise and opinions without abuse, so we have some rules. By using the Site, you agree to abide by them in your comments.

The following Terms of Use govern the use of the Site, including participation in its discussions. Your use of the Site will constitute your agreement to comply with these terms and conditions. If you cannot agree with these Terms of Use, please do not use the Site. We reserve the right to modify these Terms of Use at any time; changes will be announced here.

If any of these terms or any future changes are unacceptable to you, you can cancel your account by sending an email to: [email protected], or through your user profile on the website. Your use of the Site following announced changes constitutes your acceptance of such changes. Please review these Terms of Use regularly to stay abreast of any modifications.

Registration: All users are required to provide accurate name and email address information, and to select a password and security question. You must also provide other registration information, which must be accurate and updated. If any registration information provided by you is inaccurate, outdated, or incomplete, we reserve the right to suspend or terminate your membership. To use any of our discussions, you must provide a Screen Name. You may not use a Screen Name in an attempt to impersonate another member, or use a Screen Name in which someone else has rights without authorization. We don’t have a rule against profanity, but we reserve the right to change Screen Names that we believe are abusive.

If you are under 18, you may use this Site only with the involvement of a parent or guardian. Comments by Users are not Endorsed or Verified by Second Foundation: Second Foundation Partners, LLC (“Second Foundation”), the publisher of the Site, does not endorse, support, sanction, verify, or agree with the comments, opinions, or statements posted in discussions or otherwise contained on the Site. Any information or materials placed online, including advice and opinions, are the views of those who post the statements, and do not necessarily represent the views of Second Foundation. Moreover, Second Foundation assumes no responsibility for the accuracy or contents of any material posted.

You are responsible for all the activity of your account, whether by you or by any third party you’ve authorized to use your account.

Prohibited Materials and Activities: You may criticize the content. You may criticize the authors. You may argue and debate. You may use profanity and other language that you feel is appropriate to communicate your message, so long as it is not abusive. You may not post material or content that harasses, threatens, libels or abuses another user or person. We consider abuse to include harassment of another user, “doxing” a user who has not elected to make his identity known, and the use of bigoted language in reference to sexual orientation, gender, disability, national origin, race, religion, ethnicity or any other social dimension where you are being an ass. This is by no means an exhaustive list of the behaviors we consider abusive. We will make these evaluations under our sole discretion, and we have no intention of explaining or justifying our actions. You may not advertise or solicit business, although you may link to content on your site from time to time, provided that it is germane to a discussion. You may not encourage conduct that would constitute a criminal offense, give rise to civil liability, or otherwise violate any local, state, national or international law or regulation. YOU MAY NOT RECOMMEND THE PURCHASE OR SALE OF A SECURITY. YOU MAY NOT REVEAL OR SOLICIT MATERIAL NON-PUBLIC INFORMATION ABOUT AN ISSUER OF PUBLIC SECURITIES. You agree to use the Site only for lawful purposes. In addition, you agree not to disrupt or interfere with the Site, or to alter or tamper with any information or materials on or associated with the Site.

Civility and Expression of Ideas: We are fans of civility. We also believe our users are adults. We intend to have a light touch in censoring comments. But if you attack other users or take part in prohibited materials and activities above, we may temporarily suspend and/or terminate your commenting privileges.

Editing and Deletions: Second Foundation reserves the right, but undertakes no duty, to review, edit, move, or delete any material provided for display or placed on the Site or its discussions, at its sole discretion.

Copyrighted Material: You are responsible for ensuring that any material you post on a discussion — including but not limited to text, photographs, and sound — does not violate the copyright or any other personal or proprietary rights of any third party or is posted with the permission of the owner(s) of such rights. Material on the Site is for your personal use only. The Site contains copyrighted and other proprietary information. You may not in any way make commercial or other unauthorized use, by publication, re-transmission, distribution, or
otherwise, of material obtained through the Site, except as permitted by the Copyright Act or other law.

Subscribers to Epsilon Theory Professional with an active subscription (“Pro Users”) have certain limited authorization to reproduce Materials. Pro Users may reproduce graphs, charts, and images posted to pro.epsilontheory.com in (1) documents for internal use at their place of employment and (2) client-facing reports, presentations, updates, or commentary, provided that no Materials may be used in marketing or advertising content without the written permission of Second Foundation, provided further that no Materials may be used in any manner without noting that the source of those Materials is Epsilon Theory. Under no circumstances may Materials be used to imply, suggest, or otherwise promote that Epsilon Theory or Second Foundation are recommending any investment decision, including the decision to buy or sell any security.

Use of Material Posted by You: Postings to the Site are not private. You grant Second Foundation the unrestricted right to use, reproduce, modify, translate, and distribute any material you post to the Site in any medium (now in existence or hereafter developed), and for any purpose, including commercial uses, and to authorize others to do so.

Indemnification: You agree to indemnify the Site producer and its employees, agents, and representatives, and to hold them harmless, from any and all claims and liabilities (including attorneys’ fees) which may arise from your submissions, from your unauthorized use of material obtained through the Site, or from your breach of these rules, or from any such acts through your account. You further agree that the Site provider is not responsible, and shall have no liability to you, with respect to any material posted by others. If you are
dissatisfied by such material or any other material on the Site or with any of the Site’s terms and conditions, your sole and exclusive remedy is to discontinue using the Site.

Fees and Payment: Second Foundation reserves the right to at any time in the future charge a membership fee for access to portions or all of the Site. You would not be charged, however, unless you agree in advance of such fees. At the time of the advance notice of this change, you would have the option and opportunity to cancel your account.

Termination: Second Foundation reserves the right to terminate or suspend your membership to the Site with or without cause at any time.


The Site is provided “as is,” and the Site provider hereby expressly disclaims any and all warranties, express and implied, including but not limited to any warranties of accuracy, reliability, merchantability, or fitness for a particular purpose.

You use the Site and the information and material on the Site at your own risk. The site provider shall not be liable for any damages allegedly sustained arising out of the use of the Site, including for viruses alleged to have been obtained from the Site and including any consequential, special or similar damages, even if advised of the possibility of such damages.

Some states do not allow the exclusion of implied warranties or the limitation or exclusion of liability for incidental or consequential damages, so the above exclusions or limitations may not apply to you. You may also have other rights which vary from state to state.