Discrepancies Everywhere

I recently deposited $1,000 on a Rivian R1T. The deposit is fully refundable. That’s a good thing, since delivery of my electric truck is unlikely before the end of 2022. The Irvine-based company has been all over the news lately. Why? For one thing, this past...

Can’t-Lose Propositions

Stocks recently hit record highs here in November. Similarly, the volume associated with protecting one’s stock portfolio with “put options” has fallen to a new low. What do these trends suggest? They imply that investors believe that things are...

For What It’s Not Worth

The stock bubble stopped making sense several years ago. Yet, even speculators know, markets can remain irrationally enthusiastic for extended periods of time. For example, Tesla (TSLA) is being valued as though every driver on the planet will own one of their...