Quote of the Day - January 26, 2018
"Have a seat at the table, or you'll end up on the menu," said a confidential friend of mine in the Trump administration.
Entries by The Mad Hedge Fund Trader
The 12 New Trading Rules for 2018
I'm sitting here at my Lake Tahoe lakefront mansion watching the Dow Average meander and go nowhere. It is one of those perfect, picture postcard days, with a blue sky and cobalt lake. The fields outside are covered with snow crystals sparkling in the sunshine. After the close, I'm going to have to shovel off
Quote of the Day - January 22, 2018
"An S&P 500 index fund never beats the index. There's fees, there's friction costs, and other costs involved," said Robert Reynolds, a manager at Putnam Investment Fund.
Testimonial
Hey John and the MAD Team, here's an early Happy New Years! You really nailed and keep nailing great reversals and trends that are just beginning to deserve a watchful eye. I nailed it today, so far, just buying the JPY pairs, and shorting the big bond, this past couple weeks? I'm still a bit
Has the World Hit "Peak Diamonds"
Is the world running out of diamonds? No, it's worse. The world is running out of diamond demand. That is the only conclusion one can reach when looking at the chart below for polished diamonds for the past four years showing a 25% decline. The diamond industry now produced 125 million carats a year, well
The Government's War on Cash
When I lived as a student in West Berlin during the 1960s, I had a nice little side business. I organized weekend walking tours through the Berlin Wall at Checkpoint Charlie to visit East Berlin for American students too afraid to go alone. To pay for it, I smuggled US dollars my customers paid me
Testimonial
The confidence you have given me to enter the USD:JPY spot positions have returned me in excess of $1,500,000 in the last few months. I'll be in California next year. Can't wait to catch up. Dinner is on me, both times! I know you said you aren't retiring until you're well into your seventies. Why