We were told in 1999, that “this time, it’s different”. We were told…the internet was changing everything. And we were told that valuing companies with no earnings and small or no revenues was going to last forever. That madness of crowd’s mindset drove a whole index up 10x in a few short years:…
History is laden with strategies that worked for a time, then became ineffective, and were subsequently abandoned. Examples can be found in product development, marketing, and even comedy. But the easiest place to understand this phenomenon might be in military battlefield tactics. From the ancient times when bow, arrow, and horse were battleground standards, no…
Tell me not, in mournful numbers, Life is but an empty dream! For the soul is dead that slumbers, and things are not what they seem. Life is real! Life is earnest! And the grave is not its goal; Dust thou art; to dust returnest, Was not spoken of the soul. —A Psalm of…
We’ll remember 2020 for a lot of things. It was the first year that my nuclear family didn’t get to travel to see my dad for Christmas. Instead, I did a 1,500+ mile double round-trip so I could bring him to see the grandkids. Despite us having a masked and socially distanced visit, all…
Last week, Bitcoin eclipsed its all-time high price briefly and was up 177% for the year. The previous record high price was from back in December 2017 during the height of the first Bitcoin rally – and just before the huge crash in 2018. Unlike 2017’s peak, however, I don’t see a high probability of…
“Piglet noticed that even though he had a Very Small Heart, it could hold a rather large amount of Gratitude.”—A.A. Milne, Winnie-the-Pooh ***Warning — You are about to be issued a personal challenge. As hard as it is to believe — there are traders and investors who read this weekly missive, study Van’s materials,…
Normally at Halloween, the only madness that I have to put up with is an incomprehensible number of Halloween costume shops that open up for six weeks in every vacant storefront. They apparently do quite well because, in my neck of the woods, they’re stinkin’ everywhere. But here’s something that is actually much more useful…
Chances are that you’ve seen it in your own neighborhood or heard about it from friends and family. College students moving home as universities switched to remote classes. Gig and restaurant workers leaving city centers as lockdowns shuttered their employers. Folks afraid of catching Covid relocating out to the suburbs, where avoiding others is…
Amid this summer’s economic pain, continued cases of COVID, and lockdown restrictions, the outdoors have been a bright spot. For individuals, it’s been where we’ve been able to see friends and family without too much risk of catching COVID. For bars, restaurants, and cafes, the open air has allowed them to serve customers and…
I still remember sitting in my chemical engineering heat transfer class in the mid 1980s. Our professor was an older gentleman who wanted to impart some “big picture” wisdom on his class of graduating seniors. He explained M. King Hubbert’s paper on peak oil from almost 30 years earlier. With an almost religious zeal,…
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Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
