Record Wall Street Profits Are Not a Coincidence. You’re the Other Side of That Trade.
Every time Wall Street posts record trading revenue, someone is on the losing side of those bets. Spoiler: it’s not the guys in the corner offices. It’s you.
Every time Wall Street posts record trading revenue, someone is on the losing side of those bets. Spoiler: it’s not the guys in the corner offices. It’s you.
UBS is bundling private credit into investment-grade bonds backed by insurance wrappers, and the rating agencies are playing along. Sound familiar? It should, because this is exactly what blew up the financial system in 2008.
SpaceX dropped nearly 46% from its high and the same guy who called it a great deal on national TV has already forgotten he said it. I have not forgotten, and neither should you.
The financial media and Wall Street analysts have been wrong about Apple’s strategy for years. I am going to tell you why their obsession with first-mover advantage is one of the most expensive myths they keep selling retail investors.
They want you scared. A frightened investor is a profitable investor, at least for the people managing your money. Let me tell you about my crystal ball.
Wall Street is running radio ads and handing out glossy brochures promising guaranteed returns, and the regulators are apparently just fine with all of it. I am not.
The financial industry has spent decades selling you a concept called financial planning. I am going to tell you why that phrase is designed to benefit them, not you, and what real financial preparation actually looks like.
The mob figured it out decades ago, and Wall Street has been running the same playbook ever since. They find what you want most, they promise it to you, and then they take everything you have. After 26 years, I’m still watching it happen.
Nearly half of Buy Now, Pay Later users are already paying late, people are financing groceries with these things, and the financial media spent years cheerleading for the companies behind it. I told you so is not satisfaction. It is frustration.
Private equity has 13,500 unsold companies clogging its pipeline and a nine-year timeline to clear the mess. Meanwhile, investors are locked in and still getting charged fees on assets that cannot be sold.