Contemporary Philosophy must begin by staring into the abyss of Nihilism. Nihilism is the absence of meaning. As Shakespeare put: “Life is a tale told by an idiot, full of sound and fury, signifying nothing.” It was Nietzsche who first…
To live is to feel oneself lost — he who accepts it has already begun to find himself, to be on firm ground. Instinctively, as do the shipwrecked, he will look round for something to which to cling, and that…
Talk about the probability of a recession has increased of late as stocks have gotten hit. Mark Zandi puts it at 35%. Jeff Gundlach thinks it’s higher than 50%. One thing I was taught is an important indicator of a…
The S&P reclaimed its 200 DMA on Monday after comments from the Trump Administration over the weekend about reducing the scope of tariffs. However, yesterday it failed to hold it, closing 44 points below it. The 200 DMA is the…
If you want to see American culture in its rawest form try working out at 24 Hour Fitness in the middle of the night. I’m back in the Bay Area for a few days trying to satellite into the $3500…
First a caveat. While formerly a permabear, I have seen the light and become a Warren Buffett-style long term investor (see “The Enduring Investment Principles of Warren Buffett”, January 14, 2025). After a long period of being bearish and wrong…
I’ve had my eye on Nike (NKE) for a year and a half now, initiating a starter position 9 months ago, and waiting for a moment to go bigger. This is it. First let’s talk about the quarter. It was…
I’m not going to bore with you all the hands that led up to the final one in Saturday’s 1pm $550 satellite to Sunday’s $3500 WPT Rolling Thunder at Thunder Valley but the last one was something else. 20 seats…
I just got off the phone with Warren Buffett during which I picked his brain about the current correction. There’s a lot of noise out there right now so I wanted to hear it straight from the GOAT. Here’s what…
Department store Kohl’s (KSS) reported another disastrous quarter Tuesday morning before the open and shares are being taken to the woodshed (-24%). KSS shares are now down more than 80% over the last three years. I used to be fatally…