Month: November 2025
In the 1630s, an outbreak of speculative mania broke out in Amsterdam for tulip bulbs. Introduced from the Ottomans in the late 16th century, Tulip Bulbs captivated speculators. Everyone, including merchants, artisans and farmers traded not only physical bulbs but…
I sold my Freddie Mac position for a 12.8% profit. I was quite demoralized that the super traders tried to flush everyone out taking the position down from $8.6 to $6.5. But I hope everyone held on like I did.…
Normally, I wouldn’t buy something like this due to the esoteric nature of the underwriting, but I’m climbing aboard based on the administration’s comments, and specifically, Mr. Pulte’s comments on the recent episode with Patrick Bet-David. Mr. Ackman is still…