So …  I’ve only skimmed the Ronan Farrow and Andrew Marantz New Yorker opus on Sam Altman. But my immediate reaction was that they didn’t ask the right question.  A story that asks whether Altman can be trusted seems self-evident to me. Maybe the...

Podcasts Joe Weisenthal and Tracy Alloway talk with Jonathan Heathcoate, co-author of the paper “A Macroeconomic Perspective on Stock Market Valuation Ratios.” (podcasts.apple.com) Pierre Daillie and Mike Philbrick talk portfolio buildling...

The Weekend RipHappy Weekend! Markets capped a wild week with a 3% gain as a fragile two-week ceasefire in the Middle East triggered a massive relief rally, overcoming a terrifying 1% monthly inflation spike and record-low consumer sentiment. While the...

Tax-aware funds, World Liberty tokens, Exxon proxies, Cybertruck buyers and NewBird AI.

OVERVIEW Well, Hello Altcoins 👋 Here’s What’s Happening 👇️ Israel and Lebanon agree to a ceasefire, which, if you forgot, was something rumored as a condition by Iran for any ceasefire with the US. And alts have responded positively. The Altcoin Market Cap...

Unlike other tech companies, Apple doesn’t pre-announce upcoming products. You get to see new stuff from Apple when they’re good and ready to release it to the world. A capability truly valuable in the supply-constrained AI Tech Wave. Making it a key...

Keep it Simple. Do The Work. I Believe in Doing the Work I believe the shortcut is to stop looking for one. As promised, I went through every single chart in the S&P 1500 this weekend. Most of my analysis is top-down, but once a month, I like to take...

NewBird AI, an Avis Budget squeeze, sports factor models and recursive online courses.

AI Tom Brakke, “AI bots can mimic what has worked in the past. Humans should bring something else to the endeavor.” (investmentecosystem.com) Jayant Gandhi, “Agentic AI does not eliminate accountability. It relocates...

Markets How volatile has 2026 been so far? (morningstar.com) History tell us volatility is a feature of financial markets. Act accordingly. (larryswedroe.substack.com) Historical edges can disappear. (quantifiableedges.com) Companies Allbirds ($BIRD) is...