Thursday, April 16, 2026
If you have followed my work for any length of time, you have become familiar with Hetty Green. When I first began writing about her, she was largely absent from mainstream investment conversations. That has started to change. Her name appears more frequently, but the explanation for her success remains incomplete. My work is grounded […]
If you spend enough time studying markets, patterns begin to emerge that have very little to do with price and everything to do with behavior. I recently revisited a historical overview of early market participation and the development of Wall Street. While it presents itself as a timeline, what stands out is not the sequence […]
As I write this on March 30, the price of WTI crude oil has topped $100 per barrel. Brent crude trades at $114 per barrel. Oil was trading at $55 to $60 at the start of 2026, so it has nearly doubled. Oil prices will likely remain elevated as long as shipping through the Strait […]
The war with Iran has caused serious disruptions to the global energy markets. Much of the focus has been on oil tankers trapped on the wrong side of the Strait of Hormuz. However, the Persian Gulf countries export a range of energy and other products, and they must all transport them through the strait. Furthering […]
Over the last couple of years, exchange-traded funds (ETFs) that use covered call strategies to generate income have become the rage. I have a tracking list of 98 ETFs, 55 of which have launched in the last two years. Today, I’m focusing my attention on two of these funds. Their sponsors only wish to gather […]
