Epsilon Theory on Tape: Things Fall Apart, Part 2
Part 2 of a four-part series on what it means to have a polarized electorate and a monolithic market. How do things fall apart in a monolithic market? Not with a bang but a whimper. Originally publis...
12 Apr 202124min
Epsilon Theory #8: Leverage and Its Discontents
Three fund collapses in three months, even as markets hit new highs. What do the Archegos, Greensill, and Melvin Capital blow-ups have in common? Leverage.
2 Apr 20211h 15min
Epsilon Theory on Tape: Things Fall Apart, Part 1
Part 1 of a four-part series on what it means to have a polarized electorate and a monolithic market. Today’s note: the Age of Ridiculousness and the decline and fall of the American Empire. Original...
23 Mars 202120min
Epsilon Theory #7: Inflation Investing
We're going to Pack-source a slate of investment strategies for an inflationary world. Here are five tentpoles to organize and support that effort.
11 Mars 20211h 6min
Epsilon Theory #6: The Business of Wall Street
Very little of investing today is buying and selling shares of common stock in individual companies. Instead, we buy and sell what Wall Street calls "products". Mutual funds, ETFs, options, REITs, SPA...
25 Feb 20211h 18min
Epsilon Theory #5: The Gnostic Nationalism Narrative
Every political movement has a political philosophy, and for Trumpism and MAGA it’s the Dominion theology of the charismatic/Pentecostal church. Neither the rise of Donald Trump nor the attack on our...
16 Feb 20211h 23min
Epsilon Theory #4: Hunger Games
What's happening with Reddit and Gamestop and Robinhood is a revolution, but not the revolution you think. This isn't a "democratization" of Wall Street. You were played. Again. It's a revolution in C...
5 Feb 20211h 1min
Epsilon Theory #3: The Ireland Event
Rusty and I discuss the dramatic spike in Covid cases in Ireland over the last two weeks of December, and the risk of seeing a similar "Ireland Event" here in the US.
14 Jan 20211h 9min
