Know Your Enemy

Whenever someone takes the other side of my trade, I want to put myself in their shoes. Is this a worthwhile opponent with a differentiated view?? Am I stepping into a trap?? Or are they doing something for totally uneconomic reasons?? I need to know my enemy. “Yes, I know my enemiesThey’re the teachers who […]

On Breakouts Part II

In my prior article about breakouts, I missed out on a chance to speak about the recent change in market structure, and what it means for all of us as investors. Let’s go back in time a few decades. When I think about back then it felt like, most investors bought stocks, collected their dividends, […]