Charlie Longren.
A Bitcoin Paradox
Banking in the Shadows: Part 6
This article explores the evolution of money from early credit-based systems to the modern Eurodollar system, arguing that Bitcoin represents a return to "hard money" principles that offer greater transparency and value preservation.
...Only Bitcoin Can Save Us!
Banking in the Shadows: Part 5
The current Eurodollar system is broken, unsustainable, and destined to collapse, while Bitcoin offers a more stable and transparent alternative rooted in hard money principles. However, transitioning to a Bitcoin standard will come with significant societal and economic upheaval. Even the most promising solutions carry heavy prices.
The Bull Case For ShitCoins
Alternative Currency's Economic Role
Most alternative cryptocurrencies are either misguided tech experiments or scams, but the industry's rapid growth signals a need for more practical focus, quality attention, and efficient resource use in cryptography.
Equities
Why Betting Against the Crowd Pays:
A Data-Driven Guide to Deep Value Investing
This article explores the hypothesis that companies with low market expectations—measured by underperformance in price-to-cash flow ratios—tend to outperform high-expectation peers over time. Rooted in the principle of mean reversion and the reliability of cash-based metrics, the analysis highlights the potential of value investing.
However, the authors acknowledge the unpredictability of markets. Their aim is not to promise outperformance, but to develop disciplined, bias-resistant investment systems grounded in sound principles.
