Author Archives: The Mad Hedge Fund Trader

A Cow Based Economics Lesson

SOCIALISM You have 2 cows. You give one to your neighbor. COMMUNISM You have 2 cows. The State takes both and gives you some watered-down milk. FASCISM You have 2 cows. The State takes both and sells you some milk at an inflated price. NAZISM You have 2 cows. The State takes both and sends […]

Don’t Get Scammed by the Mutual Funds

How many mutual funds would you guess outperformed the stock market since the bull run started four years ago? If you guessed 1,000, 100, or even 10, you would be dead wrong and even off by miles. In actual fact, not a single mutual fund has beaten the market since 2020. Remember all those expensive, […]

There Are No Gurus

If there was ever an argument that you should rely on independent newsletters for guidance about financial markets, such as The Diary of a Mad Hedge Fund Trader, and not traditional brokerage houses, take a look at the chart below from JPMorgan. It shows that despite all of the reforms passed after the dotcom crash […]