Why believe a title that says I’d know how to tell dumb from smart money? Because I’ve been both and learned from financial scars accumulated since 1987. I’ve also taught a behavioral investing course called “The History of Human Financial Stupidity — Including Mine”. I had no shortage of my…

Meme Stock Reddit Revolution Edition More than a few friends and former students have asked me about the Gamestop short squeeze saga and the Reddit retail meme stock revolution. Having taught a behavioral investing course for four years, I viewed this case of usually docile punters using Reddit to take over the casino as potentially…

Debt Zombie Haleynomics: Britain’s Buffett vs the Austrian Austerian

How the Information You Don’t Have Can Take Your Money Anyone reading the title must think the writer believes he’s smart money. I confess to having been both, though not simultaneously. My purpose here is to show how dumb money can become smart money, because being at the wrong end…