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…

Russia’s Potemkin Village army going down with the Moskva — Deep fakes are a staple of hybrid disinformation warfare. They can lengthen President Joe Biden’s (D-Delaware) stutter, fabricate imminent deployment of US troops to Ukraine or tell Russian troops it’s NATO’s “Nazi” armies turning them into cannon fodder and fertilizer. We’re now more than a year into Russia’s deep fake…