“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn't touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.

“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn't touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheon, which I will be conducting off the coast of Antarctica on Friday, February 13, 2026. The meeting will take place on a Celebrity cruise that departs for Buenos Aires, Argentina on Saturday, January 31. I just checked, and there are still cabins available.
The cost of the luncheon will be $499.
An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period.
I’ll be arriving early and leaving late in case anyone wants to have a one-on-one discussion or just sit around and chew the fat about the financial markets.
The lunch will be held during a 14-day cruise on the Celebrity Equinox, where I will be occupying the Owner’s Penthouse Suite. The precise location will be emailed with your purchase confirmation.
I look forward to meeting you, and thank you for supporting my research.
To purchase tickets for this luncheon, please click here.


Global Market Comments
January 20, 2026
Fiat Lux
Featured Trade:
(MARKET OUTLOOK FOR THE WEEK AHEAD, or A BLACK SWAN A DAY),
(GS), (MS), (GLD), (SLV), (IWM), (XLI), (CRWD), (AAPL)

“The economy without debt is like major league baseball without steroids,” said Jack Ablin, chief investment officer of BMO Private Bank.

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