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…

It's good that your idea of social engineering stays undeveloped since it's as unworkable as all the other utopian theories that have preceded it. Who decides that my adequate is your extravagant? And trust me, you don't want me as a roommate. Also, my wife and I want no roommates…

Revolutions that don't devour their children are very rare (the English civil war, the American Revolution, the velvet anti-communist revolutions of 1989). Most replace authoritarianism with totalitarianism, as Cuba, Russia, Venezuela, the failed Arab Spring, Cambodia, North Korea, Mao's China did. Your prohibitionistic Gosplan-style authoritarianism doesn't make you a candidate…

As with Nazis Trump and Putin, your projection is a confession and a verbal pogrom of the kind my then 8 year old grandfather in Kishinev survived in 1903. Like Putin, you've shifted into full forgery Protocols gear. You're a rerun of a very old and tired movie: https://medium.com/illumination-curated/putin-and-trump-fascist-nazi-47c00455440d https://www.theatlantic.com/ideas/archive/2023/09/putin-russia-anti-semitism-stalin/675424/

Just another Putin Parrot echoing the Don't Die for Danzig appeasers of 1939 and the Lindbergh-Father Coughlin Don't fight the Jews' war in 1941. This movie is a rerun...and we know how it ends. The faux progressive Mr. Dunn also told me he'd vote for Trump since he believes his…

Bakunin and Kropotkin warned Karl Marx that his statist socialism of the dictatorship of the proletariat would end up as the authoritarian dictatorship of a one party state that would be far more oppressive than any king or emperor. Their forecast was absolutely prescient, now that we know how murderous…