A Different View of the US

My mother lives in Pakistan, my daughter in Greece, and I have a ski chalet in Peru. What’s more, I have strategy luncheons planned for Australia, Thailand, and Turkey. At least these would be my conclusions after looking at a map prepared by my esteemed former employer, The Economist magazine in London, of the United […]

One Call From Tahoe

Last week, while hiking the Tahoe Rim Trail with my 50-pound pack (doctor’s orders), I received a call from a returning Mad Hedge Concierge subscriber who was in a particularly foul mood. Following the advice of another “expert” I won’t mention, he had dumped all his biotech holdings after Vertex’s Q1 earnings miss. “Aren’t pharmaceutical […]

A Note on Assigned Options, or Options Called Away

Occasionally, I get a call from Concierge members asking what to do when their short positions or options are assigned or called away. The answer was very simple: fall down on your knees and thank your lucky stars. You have just made the maximum possible profit for your position instantly. We have the good fortune […]

The Fight For AI Supremacy

According to the betting markets, the odds of a recession Overnight, have tanked from over 80% to just a fraction under 40%. It is interesting to see such a development and speaks volumes to how volatile the tech markets are right now. The V-shaped price action by the Nasdaq index ($COMPQ) perhaps forced the hand […]