Amazon has published a Kindle eBook of the autobiography A Life Well Lived – Part I: 60 Years of Memories of the Mad Hedge Fund Trader. The book is offered for sale at a bargain price of $9.99, and I am told it was a best seller on the recent Alaska cruise of Cunard’s Queen […]
‘If you can get a dividend higher than the yield on ten-year debt, it’s an opportunity we haven’t seen in our lifetime. On a five-year horizon, investing in large multinationals with high dividends will have a large payday’ said Lawrence Fink, CEO of Black Rock.
Global Market Comments January 22, 2026 Fiat Lux Featured Trade: (FRIDAY, FEBRUARY 13, 2026 ANTARCTICA STRATEGY LUNCHEON) (A CHEAP HEDGE FOR THIS MARKET), ($VIX), (VXX), (SPY), (GS), (GLD)
The S&P 500 is now at an all-time high of 7,000 and is showing definitive signs of rolling over. So financial advisors, pension fund managers, and cautious individuals have been ringing me up asking what the best way is to hedge the heady 84% gains of the past three years. You can forget about buying […]
“Incentive structures work, so you have to be very careful about what you incent people to do because various incentive structures create all sorts of consequences which you can’t anticipate,” said Apple founder Steve Jobs.
Global Market Comments January 21, 2026 Fiat Lux Featured Trade: (FRIDAY, JANUARY 30 2026 BUENOS AIRES ARGENTINA STRATEGY LUNCHEON), (THE ULTRA BULL CASE FOR GOLD) (GLD), (UGL), (GOLD), (NEM)
I am constantly barraged with emails from gold bugs who passionately argue that their beloved metal is trading at a tiny fraction of its true value, and that the barbaric relic is really worth $5,000, $10,000, or even $50,000 an ounce (GLD). They claim the move in the yellow metal we are seeing is only […]
“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn’t touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.
Global Market Comments January 20, 2026 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or A BLACK SWAN A DAY), (GS), (MS), (GLD), (SLV), (IWM), (XLI), (CRWD), (AAPL)
I’m writing this letter to you from Buenos Aires, the capital of Argentina. It was a grueling nine-hour flight down here from Miami. I slept through both meal services, so I landed starving. Here in the Southern hemisphere, the summer solstice has just passed, so it doesn’t get dark until 8:00 PM. The people are […]
