“And then what? That is the question you always have to ask yourself, what is going to happen in 10, 20, 0r 30 years,” said Warren Buffet, the Oracle of Omaha.
Global Market Comments March 7, 2025 Fiat Lux Featured Trade: (FOUNDING THE DIARY OF A MAD HEDGE FUND TRADER)
The Diary of a Mad Hedge Fund Trader is now celebrating its 15th year of publication. During this time, I have religiously pumped out 3,000 words a day, or 18 newsletters a week, of original, independent-minded, hard-hitting, and often wickedly funny research. I spent my life as a war correspondent, Marine Corps combat pilot, Wall
Global Market Comments March 6, 2025 Fiat Lux Featured Trade: (A REFRESHER COURSE AT SHORT SELLING SCHOOL), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), (TSLA), (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE)
Some asset classes are reflecting the fact that we are already in a full-blown recession, while others are not. In case I am wrong and we DO go into a recession, knowing how to sell short stocks will be a handy skill to have. It will become essential to be knowledgeable about all the different ways
Global Market Comments March 5, 2025 Fiat Lux Featured Trade: (I HAVE A NEW OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE), (TESTIMONIAL)
Global Market Comments March 4, 2025 Fiat Lux Featured Trade: (A BUY WRITE PRIMER), (AAPL), (AMZN), (GOOGL)
With both market technical and fundamentals going to hell in a handbasket, it’s time to take a refresher course on “Buy Writes.” I have advised followers to dump the positions they are dating and only keep the ones they are married to. It’s worth enduring a 30% drawdown in a high-quality name to capture a
Armageddon is not a word I use lightly. But this weekend, every technical service I subscribed to warned that the recent damage to the market was immense. It’s time to raise cash, hedge your positions, or otherwise position for a bear market. I have noticed over the past half-century that the best technicians spend a
Global Market Comments February 28, 2025 Fiat Lux Featured Trade: (FEBRUARY 26 BIWEEKLY STRATEGY WEBINAR Q&A), (BTC), (NVDA), (TSLA), (BRK/B), (JNK), (TLT), ($WTIC)
Below, please find subscribers’ Q&A for the February 26 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Isn’t this just a cyclical thing? Don’t all bull markets come to an end? A: Yes, they do. But this time around, it looks like the market is being pushed off a cliff.
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate,” said Nassim Nicholas Taleb, author of Antifragile: Things That Gain from Disorder.”
Global Market Comments February 27, 2025 Fiat Lux Featured Trade: (RIGHT SIZING YOUR TRADING)
Global Market Comments February 26, 2025 Fiat Lux Featured Trade: (THE LEAGUE OF EXTRAORDINARY TRADERS)
I never cease to be impressed with the readers of this newsletter. I was reminded of this once again in Salt Lake City, Utah a few weeks ago. Readers seem to fall into three categories. 1) Entrepreneurs whose businesses become so successful that they are throwing off plenty of excess cash to invest. This led
Global Market Comments February 25, 2025 Fiat Lux Featured Trade: (WHY YOUR OTHER INVESTMENT NEWSLETTER IS SO DANGEROUS)
"As successful as solar has become, there was a bloody road of corporate carnage to get there," said Joel Makower, chairman of the GreenBiz Group.
Global Market Comments February 24, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE DOWNSIDE OF DOGE, plus THE LAST GLASS OF KOOL-AID) (SPY), (TLT), (GS), (VST), (TSLA), (WMT), (UNH)
Let’s engage in a thought experiment here. Let’s assume that the new government is successful in all its goals and government spending is cut by $2 trillion. That is 7.2% of the $27.2 trillion US GDP. A loss of that magnitude of economic activity is known as a recession on the order of the one