Home

Palo Alto

Sorry Losers!

By its actions, the Federal Reserve has selected a precious few winners and many, many losers. Sadly, you are highly likely to be one of the losers.

Sorry!

I'm one, too, if that helps soften the blow.

But we have a lot of company.

Sorry Losers!

by Chris Martenson

By its actions, the Federal Reserve has selected a precious few winners and many, many losers. Sadly, you are highly likely to be one of the losers.

Sorry!

I'm one, too, if that helps soften the blow.

But we have a lot of company.

The Marginal Buyer Holds The Pin That Pops Every Asset Bubble

by Adam Taggart

Those of you who took an Economics class in college may remember the saying that prices are set "at the margin". That's a fancy way to say that prices are set by the person (or people) willing to pay the most.

This person willing to pay top dollar is called the "marginal buyer". Most of us don't really think about him, but he (or she) is very, very important.

Why? Because the marginal buyer not only determines price levels, but also their stability and degree of volatility. The behavior of the marginal buyer, as well as the degree of competition for his/her "top dog" spot, sets the prices of nearly every asset class held by today's investors.

The Marginal Buyer Holds The Pin That Pops Every Asset Bubble

by Adam Taggart

This person willing to pay top dollar is called the "marginal buyer". Most of us don't really think about him, but he (or she) is very, very important.

Observations From The Heart Of Silicon Valley

by Adam Taggart

Yesterday I made the 2-hour drive back to Silicon Valley, where I lived for 15 years before moving out to the country.

I rarely go back, as I miss very little about the hyper-elite scene there. When I do, though, I feel I have a useful 'insider-now-outsider' perspective that allows me to see things there more accurately than those who live in that fishbowl 24/7.

What hit me most strongly upon arriving back in the Menlo Park/Palo Alto area, is how little of the craziness has changed since I left 4 years ago. I don't mean 'unchanged' though; rather that the same craziness is there, just more extreme than ever.

Observations From The Heart Of Silicon Valley

by Adam Taggart

Yesterday I made the 2-hour drive back to Silicon Valley, where I lived for 15 years before moving out to the country.

The Death Of Hopium

by Adam Taggart

I got my MBA at Stanford in 1999 when the dot-com bubble was at its zenith, worked for a VC-funded start-up as well as one of the biggest Internet juggernauts (Yahoo!). I lived in Palo Alto, the central core of the tech scene.

As a result, I have a pretty good read on how Silicon Valley works. Many of the folks I worked and went to school with are now in leadership positions at the big operating companies, VC firms and hedge funds in that ecosystem now — so I have personal knowledge of who's making the decisions.

And it's no secret that I think it's degenerated into a steaming pile of hucksterism.