Mad Hedge Biotech and Healthcare Letter December 23, 2025 Fiat Lux Featured Trade: (CLIMBING THE CLIFF IN REVERSE) (REGN), (AMGN), (MRK), (BMY), (NVO), (LLY)
A few months ago, I found myself sipping flat champagne on a Gulfstream out of Aspen, locked in one of those altitude-fueled biotech postmortems. On my left: a hedge fund manager freshly out of his biotech positions after a bruising year. On my right: a dermatologist who moonlights as a GLP‑1 evangelist. Regeneron (REGN) came […]
Global Market Comments December 23, 2025 Fiat Lux Featured Trade: (WEDNESDAY, JANUARY 14, 2026 SARASOTA, FLORIDA STRATEGY LUNCHEON) (A BUY WRITE PRIMER), (AAPL)
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheon, which I will be conducting in Sarasota, Florida, on Wednesday, January 14, 2026. The cost of the luncheon will be $277. An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period. I’ll be arriving early […]
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I have a feeling we are going to do a lot of buying in 2026, so it’s time to refresh your knowledge about “Buy Writes.” There is always a way to make money in the stock market. Get the direction right, and the rest is a piece of cake. But what if the market is […]
“It is fine to have the longest view in the room, as long as the thing at the end of the vista is a gigantic hill of money,” said John Lanchester of The New Yorker magazine.
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(MRVL), (NVDA), (AMD), (AMZN), (MSFT), (GOOG), (ALAB), (CRDO) I once missed a flight out of Tokyo because the airline had all the planes but forgot to schedule enough ground crew. That’s kind of where we are with AI right now. The chips are ready, the algorithms are thirsty, but the runway – the interconnect, the […]
Mad Hedge Technology Letter December 22, 2025 Fiat Lux Featured Trade: (JOBY ON THE RIGHT SIDE OF HISTORY) (JOBY)
Flying taxis are here in 2025 and not going away. This has the potential to remake the transportation tech industry in ways you have never seen. There are a lot of moving parts, so it isn’t certain they will wipe out this company or that company. Joby Aviation is marching toward launching its electric vertical takeoff […]
(CONSUMERS ARE BEING SWINDLED IN THE BANKING WORLD) December 22, 2025 Hello everyone Savings account traps: why billions are disappearing Research shows that Australian adults are losing an average $1500 per person every year by using the wrong savings accounts. The research paper by financial services technology company Upworth says consumers […]