Tag: Iran-War
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Why Smart Money Seems Dumb Right Now
What’s that Warren Buffett quote about when the tide goes out you’ll see who’s been swimming naked? Seems to me like we’re about to see a lot of willies. Every day since the Iran War started, one opens Yahoo Finance, or whatever your app of choice is, and sees one of two headlines corresponding with…
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I’ve Been Thinking About the Strait of Hormuz.
I’ve been thinking a lot about the Strait of Hormuz recently. What would you do if it closed? That’s probably not even the primary question: you didn’t even know it existed a month ago. How many layers, then, do you pull back to start trying to understand what you would do if it closed when…
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What’s Rational vs. What’s Real
I bought a decent amount (for us) of crypto in late 2021 (“bad” time) and held it through the whole bear market and next bull market, until last Tuesday when I decided to sell it hours before President Trump’s threat to kill 90 million people in Iran. 4 years isn’t that much time spent in…