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Real Men Check Out of the Hanoi Hilton

August 29, 2018

What’s the definition of a “real man?” Is it war heroics under unfathomably horrendous conditions? Is it the ability to carry yourself with grace, humility and optimism through magnificent professional victory as well as heartbreaking loss? Is it the consistent fight in defense of your principles, even when those principles aren’t always the popular viewpoint […]

Forget Pepsi vs. Coke, Now It’s Trump vs. Koch

August 1, 2018

When I was a kid, one of the biggest “battles” in American culture was Pepsi vs. Coke. Pepsi even issued its famous “Pepsi Challenge,” where it invited people to take a blind taste test to see which cola they preferred. My family actually replicated this test, and I easily chose Coke every time. Now, the […]

Dear Uncle Sam, Please Stay out of My Mouth

July 25, 2018

You would think that when it comes to what you put in your mouth, government would generally not have much jurisdiction. Yet, that’s definitely not the case, and it’s especially not the case when it comes to one instrument used to help facilitate the consumption of liquids. Behold the case of the Uncle Sam straw […]

The Weekly ETF Report Has a New Name

July 11, 2018

An uncommon take on money, ideas and society. That’s the subhead of the new name of this publication, “The Deep Woods.” Interestingly, that subhead came about serendipitously via a close friend and long-time reader. This gentleman recently told me that he liked my writing because it provided him “a deeper, uncommon take on everything from […]

America IS Enlightenment Now

July 3, 2018

Today is America’s birthday. It was 242 years ago that the world witnessed the official creation of a country based on Enlightenment values. I say that, because America is the byproduct of the supreme value of the Enlightenment — reason. The principles embraced in her brilliant Constitution were written there by men of the Enlightenment. […]

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Celebrating 75 Years of ‘The Fountainhead’

May 9, 2018

Can reading a novel make a real difference in one’s life? I know that for me, the answer is an unequivocal “yes.” And, I know I’m not alone, because many people have said that reading that same novel profoundly altered their perspective, deeply challenged their thinking and also inspired them to become who they really […]

This Is My New Favorite Economic Indicator

May 2, 2018

As an investor, newsletter writer and market commentator, I’m always on the lookout for a new way to look at the macro picture that will give me greater insight. And while many of the tried-and-true indicators (moving averages, gross domestic product, 10s-2s spread, relative price strength) do a good job of telling us where markets […]

The ‘S.W.A.T. Guy’ Gauge Is Screaming Volatility

January 31, 2018

I have a clear indicator that tells me when markets are feeling uneasy. I call it the “S.W.A.T. Guy” gauge, and here’s how it works.

I live on a small horse ranch in Southern California, and I have the good fortune of having some great neighbors. My closest neighbor is a retired deputy sheriff, and former S.W.A.T. team leader. […]

Doing the Tax Cut Valuation Math

December 6, 2017

Those much-anticipated tax cuts appear as though they soon may become a reality. That’s very good news for markets, as the gain in the equity markets over the past 12-plus months have largely been built on tax reform — particularly corporate tax cuts — becoming the law of the land. Yet assuming tax cuts do […]

Markets, Tax Cuts, a Tale of Two Cities… and Politico?

August 23, 2017

The hope of tax reform. It’s what I’ve been telling you, as well as telling readers of my Successful Investing newsletter, has been the key to this market rally since November 9, 2016. That, of course, is the day after Donald Trump was elected president. And ever since then, markets have rocketed higher on the […]

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