Category Archives: Diary

August 11, 2025

Global Market Comments August 11, 2025 Fiat Lux   Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or HOW TOOK COOK PLUCKED APPLE OUT OF THE FIRE BACK INTO THE FRYING PAN), (SPY), (NVDA), (AAPL), (PANW), (CYBR), (META), (MSFT), (TSLA), (FCX),(NFLX), (GLD), (DGE), (PERP)

The Market Outlook for the Week Ahead, or How Tim Cook Plucked Apple Out of the Fire Back into the Frying Pan!

Economic growth has dropped by 50%-100% in a year, and if you strip out AI investment, the economy actually shrank by 2%. Inflation is rising, with much worse to come, and stocks are at all-time highs both in terms of price and multiples. Markets are now sitting on a knife-edge, and the slightest unforeseen development […]

August 11, 2025 – Quote of the Day

“Man will not fly for a thousand years,” said Wilber Wright in 1901, right after he crashed on a test flight. He became the first man to fly two years later. In 1909, he flew his Wright Flyer around Manhattan, watched by an amazed crowd of one million. Toda,y his image adorns every US pilot […]

The Idiot’s Guide to Investing

Since April 1, everyone seemed to have pretty much the same investment strategy. What would you do if I recommended an investment strategy that would cause your accountant to disown you, your inheritance-anticipating children to sue you, and your wife to file for divorce? Chances are, you would designate all my future mailings as SPAM, […]

August 8, 2025 – Quote of the Day

“Everything is expensive now. Worries about the future can cause safe assets to become highly priced … I call it the ‘Titanic Effect.’ When the Titanic was going down, people would pay a fortune for anything that floats. We may be in a Titanic situation now,” said my buddy, Nobel Prize winner Robert Shiller.