Posts
June 24, 2017

Yes, Bitcoin Is A Bubble And It’s About To Burst

The popularity of trading Bitcoin has now reached the point where none other than the…
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Posts
June 15, 2017

This Is What The Blowoff Stage Of A Stock Market Bubble Looks Like

We saw the "blowoff" top in bonds last summer (see this and this). This summer…
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Podcast
June 13, 2017

Bill Fleckenstein On Central Bankers, Financial Bubbles And White Burgundy

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Over the past 30 years, Bill Fleckenstein has managed money for Bill Gates, witnessed and…
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Posts
May 18, 2017

Investors Better Hope This Time Really Is Different

A version of this post first appeared at The Felder Report Premium. "This time is…
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Posts
May 11, 2017

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…
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Posts
April 20, 2017

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…
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Posts
March 23, 2017

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…
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Posts
March 17, 2017

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."…
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