Until the 19th century, children used to provide income and security for their parents as they worked on the family farm. That dynamic continued when industrialization brought families into the cities and kids into the factories. Since then, children have been a great short. A hundred years of state-mandated education and child labor laws increased […]
Category Archives: Diary
“My experience in business helps me as an investor, and my investment experience makes me a better businessman,” said Oracle of Omaha, Warren Buffett.
Global Market Comments November 17, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or IT’S ALL ABOUT INTEREST RATES), (HOOD), (CRWV), (BTC), (ORCL), (NFLX), (GS), (ZM), (MS), (BLK), (GT), (WHR), ORCL), (INTC), (BABA)
Up until October 28, the market has been discounting another cut in interest rates by 25 basis points at the next Fed meeting on December 10. Since October 28, the market has been backing out that expectation, giving us a 4.4% correction in the S&P 500 (SPY). The sell-off had been led by the Magnificent […]
“It’s a terrible mistake to own something, just because somebody else owns it, even if that other persona is Benjamin Graham, the head of investing,” said Oracle of Omaha, Warren Buffett.
Global Market Comments November 14, 2025 Fiat Lux Featured Trade: (NOVEMBER 12 BIWEEKLY STRATEGY WEBINAR Q&A), (SLV), (SMR), (CCJ), (USO), (XLE), (XOM), (OXY), (UNG), (TSLA), GDX), (B), (NEM), (WPM), (PPLT), (ARKK), MU)
Below, please find subscribers’ Q&A for the November 12 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Is there really rising industrial demand for silver (SLV)? A: Tech companies are definitely signing deals to get more power from zero-carbon sources. We are getting brownouts in certain parts of the country […]
“The French have more fun in one year than the English do in ten,” said John Adams, America’s second president, and one-time ambassador to Paris and London.
Global Market Comments November 12, 2025 Fiat Lux Featured Trade: (THE JOHN THOMAS BIOGRAPHY IS OUT) (THE EIGHT WORST TRADES IN HISTORY)
After decades of pestering, pleading, and cajoling, I have finally completed the first volume of my autobiography, John Thomas – A Life Well Lived. The online PDF contains 100 chapters, hundreds of color pictures, and my best memories over the last 60 years. You will not be disappointed. The book was written on Transatlantic cruises […]




