Category Archives: Stock Market
Priced for Perfection in an Imperfect World
Investors, having seen the light, race towards it with great expectations. The S&P 500 and the NASDAQ are, once again, near all-time highs. By the look of the lofty stock market indexes, the American economy must be operating at full tilt. Continue reading
Is the End of QT a Green Light for an Asset Rally?
On Monday, December 1, the Federal Reserve terminated Quantitative Tightening (QT). The job wasn’t even halfway done. Continue reading
How to Use Game Theory to Protect Your Wealth
Von Neumann was born in Budapest in 1903 and studied in Berlin at a leading scientific institution; one that considered Einstein unqualified for a research grant. He’s also referred to as “the founder of game theory,” and could multiply eight digits by eight digits in his head. Continue reading
On Black Swans and White Lies
There was an old European belief that persisted for centuries. People were convinced that all swans were white. Their reasoning was founded in logic and supported by empirical evidence. Continue reading




