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I’m Hearing A Lot Of Smart People Use ‘The Four Most Dangerous Words In Investing’ These Days, Part Deux Blog Posts

I’m Hearing A Lot Of Smart People Use ‘The Four Most Dangerous Words In Investing’ These Days, Part Deux

It's hard to believe it was over two years ago I wrote, "I’m Hearing A…

Jesse FelderMay 11, 2017

When Your Uber Driver Tells You To Sell Naked Put Options… Blog Posts

When Your Uber Driver Tells You To Sell Naked Put Options…

I've written some here about the "short vol" trade, it's various forms, how it's grown…

Jesse FelderMay 2, 2017

Why Have Bankers Become So Bearish? Blog Posts

Why Have Bankers Become So Bearish?

Over the past few months, insider selling (the legal kind) by top bank executives has…

Jesse FelderApril 28, 2017

How The Passive Investing Mania Undermined Its Most Basic Assumption Blog Posts

How The Passive Investing Mania Undermined Its Most Basic Assumption

I have argued that "passive investing" is an oxymoron because it denies precisely that which…

Jesse FelderApril 20, 2017

Gold Is On The Verge Of Greatness Blog Posts

Gold Is On The Verge Of Greatness

Last night, after Donald Trump bemoaned the strength in the dollar and the gold price…

Jesse FelderApril 13, 2017

Why The Fed’s Latest Stock Market Warning Is More Ominous Than Ever Before Blog Posts

Why The Fed’s Latest Stock Market Warning Is More Ominous Than Ever Before

The Fed minutes were released yesterday and there's one sentence everyone is talking about: "Some…

Jesse FelderApril 6, 2017

Jack Bogle’s 4% Annual Return Forecast For Stocks Could Prove To Be Heroically Optimistic Blog Posts

Jack Bogle’s 4% Annual Return Forecast For Stocks Could Prove To Be Heroically Optimistic

I'm a big fan of Jack Bogle. Like Warren Buffett, I believe he been nothing…

Jesse FelderMarch 23, 2017

3 Charts That Show Stock Market Euphoria Is Totally Unprecedented Blog Posts

3 Charts That Show Stock Market Euphoria Is Totally Unprecedented

"Bull markets are born on pessimism, grown on scepticism, mature on optimism and die on euphoria."…

Jesse FelderMarch 17, 2017

3 Charts That Show Stock Market Valuations Are Totally Unprecedented Blog Posts

3 Charts That Show Stock Market Valuations Are Totally Unprecedented

Last week I updated the Warren Buffett yardstick, market cap-to-GNP. The only time it was…

Jesse FelderMarch 11, 2017

Why Warren Buffett Is So Reluctant To Call Stocks A ‘Bubble’ Blog Posts

Why Warren Buffett Is So Reluctant To Call Stocks A ‘Bubble’

I can only imagine what it might be like to be Warren Buffett. When your every…

Jesse FelderMarch 1, 2017