As you are all well aware, I have long been a history buff. I am particularly fond of studying the history of my own profession, trading and investing, in the hope that the past errors others will provide insights into the future. History doesn’t repeat itself, but it certainly rhymes. So after decades of research […]
Category Archives: Diary
“Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate,” said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds.
Global Market Comments November 11, 2025 Fiat Lux Featured Trade: (WEDNESDAY, JANUARY 14, 2026, SARASOTA, FLORIDA STRATEGY LUNCHEON) (RECOLLECTIONS OF A MARINE)
This being Veterans Day and the 250th Marine Corps birthday, I thought I’d bring back some old memories. As the son of a Marine who served on Guadalcanal in 1942, I had an unusual childhood. The memories all came flooding back to me as the HBO program, The Pacific. Every scene in the ten-hour series […]
Global Market Comments November 10, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or REALITY CHECK), (GS), (NFLX), (ZM), (TSLA), (META), (PLTR), (HOOD), (COIN), (GOOGL), (MP), (NB)
I’ll never forget the most interesting start to a college course I ever attended. I enrolled late for my freshman year at the University of Southern California because a full all-expense paid scholarship came in only at the last minute. I thought the best value for money major I could take was in the sciences […]
10
Nov
Nov
“Short term volatility creates long term opportunity, said Rupal Bhansali, of the Ariel International Fund.
Global Market Comments November 7, 2025 Fiat Lux Featured Trade: (TESTIMONIAL) (CONTANGO IN THE VIX EXPLAINED ONE MORE TIME), (UVXY), ($VIX), (SPY)
07
Nov
Nov
I just wanted to drop you a note and let you know how much I enjoy reading my daily emails from you. You provide tons of information in a clear manner – with humor thrown in to boot! Great ideas for longer term investing that have more than paid for my yearly subscription already. Keep […]
Global Market Comments November 6, 2025 Fiat Lux Featured Trade: (WHY YOUR OTHER INVESTMENT NEWSLETTER IS SO DANGEROUS)