Jared Dillian

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How To Make Sense Of Market Forecasts In Wartime

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Economists' estimates are often wildly off the mark. But that doesn't mean they aren't useful.

Robinhood Has Become An Attractive Takeover Target

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The online broker's shares have tumbled 80% from their peak, but its 22 million users are worth something.

The Stock Market Is Suffering From Bad Breadth

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There have been episodes of declining breadth in the past, and those usually presage large corrections or bear markets.

The New ProShares Bitcoin ETF Has A Unique Set of Risks

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It will have the same characteristics as a commodities fund backed by futures.

Wall Street's CFA Program Is A Colossal Waste Of Time

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The time it takes to study and pass the exams would be better spent on just about any other pursuit.

Robinhood Is Not About The Democratization Of Markets

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Retail trading of meme stocks is just a massive transfer of wealth from the unsophisticated to the sophisticated.

The Coming 30% Stock Market Boom

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That number might sound a little ambitious, but not by much.

Why Investors Fail To Do What Works

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Many people tend to wrongly view investing as an epic collision between good and evil, as well as the right versus the left.

The Second Derivative

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The second derivative is everywhere in finance.

SPACs Aren't The Only Examples Of Late Capitalism

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Excesses throughout the financial system raise the odds that the next recession could be our last as a free-market economy.

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