I don't know if I count as "kind". It depends on the circumstances. But I dislike gross aggression, and work to instill some sort of game theoretic stability. I try to find profitable ways to punish bad actors, where possible.
Well I suspect there is a smidgeon of kindness in that calculating heart of yours Matthew 😉. But I'll take your word on your motives. In any case, you've put a target on your back. Anyone who tries to expose the corruption etc is potentially putting a target on their back. If the predators do get desperate or total power, they'll go after the biggest pests first . . .
Like you said, we're all going to die and that you don't want to die for nothing. I wouldn't mind dying for nothing. But I have my reasons for trying to expose the corruption at the expense of my short term well being.
May humans work out a way to live with the kulangatta without giving them power. Or should we just push them all off the ice cliff?
I try to read everything I can from both Mathew and Dowd. A couple of things the two have in common from my point of view as an educated person, but NOT knowledgeable on the topics at hand (vaccine safety nor finance) is that both of them know far more than I do, and both of them feel a strong sense of urgency that everyone else understand that the vaccines are killing people unnecessarily. And both some across to me as sincere, although I admit my BS detector has been fooled in the past. I personally have acted on nothing more substantial than Mathew's advice to grow a garden. (My receipts: about $200 at Home Depot resulting in one squash and about two dozen tiny tomatoes...that is, some of us can lose money at even that game.)
Gardening improves. We have nice tomatoes this year for the first time and learned to build a lot of homemade contraptions. Keep trying. You find out things along the way like how to fingerfuck the squash to get little baby squashes.
This cracked me up! Not only was that my experience gardening, but I'm a slow learner: I repeated the experiment for many years before giving up. When I would get a true home garden-grown tomato, it almost seemed worth it. But that was rare and overshadowed by the weeds, insects, raccoons that ate all my corn, grubworms that cut off my squash vines, birds that pecked my tomatoes, etc. I would like to blame the Texas Gulf Coast heat and humidity but I know people who succeed despite the challenges here. I now focus on showering them with praise so they'll share their bounty! ;-)
I also have no excuses for my gardening failure (in central Texas for me.) In my teens my father had me and my siblings helping tend more than an acre of garden that, every year, had far more than our family could eat. I was 65 years old before I tried to replicate what he did (being required to help in the garden didn't make me like it) and, so far, not so good.
Unfortunately, I suspect the US uniparty government will “bail out” insurance companies and blame covid (or “long covid”). All in exchange for suppressing any evidence of vaccine injury.
I had to read this piece twice to grasp it. I’ve spent two hours with it, and haven’t clicked on every link, but on many of them. Some of the links brought me to articles of yours that I was glad to see I had already read, and some to articles of yours that I thought I had read but had only started, and some to articles of yours that I hadn’t seen before, but now I’m glad I’ve read.
The breadth and depth of your understanding is astonishing, and I feel fortunate to have come into contact with you through your writing. Thank you for bringing your erudition to this Edward Dowd story. I feel much more informed about it, but it leaves me with some questions, and I’m grateful that the breadth of your experience may give you the tools to answer these.
Do you think the insurance actuaries will eventually come to the conclusion that the COVID-19 “vaccines” are responsible for increased all-cause mortality (especially cardiovascular events), and will that understanding constrain the insurance companies to make adjustments in their policies that do not favor the recipients of repeated doses of these biological injectable products? Wouldn’t that be a necessary business strategy to protect against unnecessary losses when underwriting life insurance and disability insurance products? If you think that may happen, do you at least agree with Dowd that 2024 seems to be a correct ballpark estimate for the time course for these adjustments?
Thank you for all you do, and keep up the excellent work.
"Do you think the insurance actuaries will eventually come to the conclusion that the COVID-19 “vaccines” are responsible for increased all-cause mortality"
There is a 100% probability that they know.
The question is how high the pressure level is over saying it, or releasing revealing data. We literally have people in Congress losing spouses and children shortly after transfection, and acting like nothing is up. The world is not what most people thought it was.
UNUM is the biggest disability insurer in the US. I looked pretty carefully at their 200 page 2021 Annual Report. On page 37 I found this: “ Excluding this item, our Unum US segment reported a decrease in adjusted operating income of 43.7 percent in 2021 compared to 2020, due to unfavorable benefits experience, particularly in the group disability and life product lines.” But I couldn’t find the breakdown to $amount, change from 2019 and 2020, or # of claims. My conclusion is they probably know and are probably concealing their vaccine injury caused claims losses.
I haven't heard any of those stories regarding people in Congress losing spouses and children shortly after transfection. but I don't need to be convinced that the world is run by "the Kunlangeta". The problem with them is that they eventually eat their own. There will be some economic advantage to that insurance company that figures out how to capitalize on the knowledge that the "vaccines" are far from "safe and effective" and capitalizing on that will be an advantage in the "winner take all" world of psychopathic control. In a similar way, I think Bitcoin eventually takes over through Wall Street greed. As investment houses now seek to put a little BTC in portfolios as "an uncorrelated asset", it will eventually be the only thing that will save their clients' portfolios. Maybe it's just wishful thinking on my part. I can dream.
A 17 year old daughter in one case and 39 year old wife in another. Just heart breaking. Talk about the new "unexpectedly" and "dies in sleep" dog whistles. That’s all you have to search for :-(
I wanted to believe Ed would turn out to be correct. But I much doubt anyone has the power to force the pharma companies to account for their evil deeds. Too many other guilty parties. Those looking at any player as if we’re in the good old days, where media might take a side & splash a story, is smoking something.
Absolutely nothing gets to the public that the perpetrators don’t want.
I no longer believe minor figures like me in the marginal / alternative media have any chance of reaching enough people to force the issue. That why I implore listeners to access their networks, because it’s absolutely impossible for me ever to reach them. And you know what? They’re not doing it. Why not, I don’t know. But they’re not.
Dr Yeadon, Please do not underestimate the value of your principled advocacy and impassioned leadership. Even if your efforts do not appear to directly impact current public health policy, they provide hope to the rest of us and enable us to more credibly communicate counter-narrative arguments to our friends and neighbors. Your analyses carry immense weight given your status as an expert and former senior level insider. Without brave voices like yours, many of us would despair and have little hope of influencing the minds of our neighbors. It is a frustrating and disillusioning process, but if we all keep chipping away, the tide may turn. I never expected that a group of Canadian truckers would be the force that forestalled further vaccine mandates. Perhaps the next wave of pushback against medical tyranny is around the corner and will come from another unexpected corner. Please know that the noble efforts of outspoken leaders like you and Mathew are valued and are making a difference. Thank you for dedicating so much to this cause!
So, I subscribed so I could comment, been following you from Twitter originally. I appreciate all your warnings. My feeble understanding of markets have definitely led me to believe most of the market is rigged for the top market makers. My question to you is the top three books/podcasts/videos/sources you would recommend to someone wanting to understand the market and trading better. Like better understanding the Greeks, the indicators best used, etc. And I will plant a garden while I listen to them….
I have little idea about good trade edu resources. I learned in offices, often verbally, and where those relaying the knowledge didn't even want it written down, and then much of the rest I "came to understand" though experience.
But again, I feel like even trying to lay out resources publicly, without vetting students, is an exercise in irresponsibility. This is a poker table times 10. At the poker table, you hunt a lot of personality types until they're extinct (and much of the rest is a lottery from there).
If I had to force a general recommendation, it's to study more math and problem solving, then gravitate toward what seems interesting.
That makes sense. But maybe about investing more generally. i.e., if trading is not what the average person should do, or even the 99%tile person should do, what SHOULD they do?
I just sent ya the email to join your Signal BTC education group. I have ranch in North San Diego county, I have been raising, breeding Heritage Chickens for over 35 years... hit me up if you have any questions or need help with your future hens! I certainly love learning from your vast knowledge on investment and crypto, I just got involved w/crypto 2 years ago.
I second the request. You could even make it a post, with a brief review of each book, and some comments from your own experience about strengths and weaknesses of the content.
I've listened carefully to nearly all the interviews given by Edward Dowd out there. I have never heard him imply or suggest that shorting would be a good thing for the viewer to do or that he is giving investment advice. He has acknowledged a colleague's bet that is very long term with respect to Pfizer. Dowd's main message is that the data are alarming on the deaths and disabilities. He suggests repeatedly do your own thinking and create your own thesis, maybe not smart to keep Pfizer and Moderna and their related companies in your portfolio, nor insurance companies who hold that liability as it has potential for toxic downside. His warnings are general and very appreciated while the data he presents very specific and across multiple datasets.
Shorting and options a whole other matter for experts. We all know that there is unknown and mysterious support under the pharma stocks. Lately I am realizing with sinking heart that the vaccines were likely ordered under a very different federal contract mechanism perhaps a task order within an IDIQ mechanism with emergency status within DARPA or DOD. I gathered this from language coming out of the Brook Jackson Whistleblower lawsuit led by attorney Robert Barnes, where Pfizer's first defense was "the government was in on it."
There isn't enough transparency of information to safely intelligently play this market news.
Trading really is the Wild West. My erstwhile hubby was a DC Fed economist for several decades monitoring various things on Wall Street and when a relative left him some money he lost it all in the market. Like a lot of you, he had spent time in the financial world early on and was considered very “insightful.” Which apparently can be like describing a woman as “interesting looking.” On the other hand, my brother made his first million as a college freshman day trading between classes and only got wealthier as the years rolled on.
There are connections between finance and economics, of course, but they diverge in many ways. The first hedge fund I traded at, D.E. Shaw, is one of the largest. Bezos and his ex-wife worked there before I did, and later former Harvard president Larry Summers worked there. In the case of the latter, he did not turn out to be much of a trading machine.
Some of the difference is in understanding the difference between short term and long term capital allocation, and then just witnessing and absorbing the game at the fringes. Finance gets closer to games the more excess money gets involved. We are living in an era of "excess money involved" which makes the gulf that separates finance and economics wider.
I like Dowd. He strikes me as a guy that is genuinely upset by the criminality that he is seeing in Pharma and wants to warn the world about it in an effort to protect people. He is also a bright guy.
In fact he reminds me of me. He is a finance guy with a background in investment management; I used to be an investment banker. But one thing that I learned in my Wall Street days is not to think that I could hang with traders. That is a very special breed of cat, with a level of math ability that few mortals have.
One of my heuristics from being around finance for a lifetime is never trade on anything that I see in the press - that information has already been priced in and by guys that are far smarter than me. The corollary - since I don't have access to inside information and would not use it if I had it - is not to trade. Since I have always viewed trading as being something that only professionals should engage in, it did not occur to me that people would actually try to make money on Dowd's revelations. Of course I was.naive about that, so your post here and discussion with Dowd are welcome correctives.
(In the spirit of full disclosure, the one thing that I did do, and it was somewhat based on Dowd's revelations, was to sell my Pfizer stock position, as well as a large part of my J&J position. For me, it was not about the direction of the stock as much as it was the thought of profiting from the efforts of these psychopaths.)
I can't thank you enough for this post. You have managed to put so many different things into perspective. I will always be greatful to you and all the other brilliant warriors for taking on the secrets of the plandemic.
There was always something about Dowd's opinions on trading and the market that did not feel right to me.
Where is that mysterious friend of his that would soon be revealed?
That's a reasonable short term assessment. I'm not paying enough attention to think through the longer term, and it wouldn't crack my top 100 priorities as a thought exercise.
Mathew, this is a great post! I dabbled in options years ago and realized I was the bait, and quit. From time to time I get tempted, but remind myself of that experience and of the fact that there are thousands of very smart people doing this full time, and they'll eat me alive. I admit I looked at shorting PFE/MRNA after seeing Dowd, but reminded myself that there is always a smart player on the other side of the trade, and questioned the wisdom of jumping in on what had a certain pump-and-dump vibe to it (Dowd did a whole lot of Tweets and media appearances pushing his idea). The challenge that so many don't realize, and that you explained very well, is that one can correctly predict the trend of the underlying security, yet lose money. I hope you'll share more insights on investing here in the future.
I hypothesize that your readers are a self-selected group that **may** be at elevated risk of investment error (this includes me). We think of ourselves as "outside-the-box" thinkers and "contrarians" because of our stance on COVID-related matters. We challenge the narrative and look for the secrets that others miss. We love analyzing data and finding hidden patterns. It is tempting to become intellectually arrogant. Our stance could be as much due to happenstance (a loved one had an adverse reaction so we refused vaccination, or a friend happened to send us a Rounding the Earth article before we made the big decision) as to any brilliant deduction on our part. If we apply that attitude to investments, thinking that we are seeing what "The Crowd"(TM) is not seeing, and applying an almost gnostic attitude to investing, we are likely to find out that we are blind to our own weaknesses and, as you put it, are shark bait. A healthy dose of humility will probably serve us well in investments as well as life.
That said, a better understanding of how to live through the challenges ahead, including financially, while not playing at the casino, would be invaluable, and your help on that is much appreciated.
Jun 23, 2022·edited Jun 23, 2022Liked by Mathew Crawford
"There is always a chance that you can't collect on some bet you make because the counterparty in your wager went" up in smoke, not belly up. Mathew, I'm working my way across a swift cold river on the stepping stones of your explanation, and I almost fell in and got swept away. :(
But I do understand counterparty risk better now, and that puts into words why it has been so painful to hear people talk about "just wait until the personal injury lawyers show up" as if we lived in the old dispensation as if vaccine casualties could be compensated. By who, with what store of value? This fraud is too big.
Crazy reading this. After watching that interview with Dowd I spoke to my friend who owns a brokerage firm about buying put options. He told me there werent any that made sense for Phizer, Moderns or Biontech. I wound up just shorting Phizer at 53 instead.
Do you think they will ever pay the price for what they have done or do you think they will skate?
Thanks for this article and for giving a dose of reality and for asking the hard questions.
I think there’s virtually no chance Pfizer selectively will be blamed. Way too many guilty parties involved. And no one has power to hold them to account.
Anything’s possible but I’m told fraud is a very high bar.
Their defence can be “oh, we made a mistake, we’re idiots, sorry”. They are protected from prosecution for being stupid or unlucky, but not fraud.
An amateur’s guess is we’d need an insider to blow the whistle. That person would be likely to be murdered. Not easy to find such a witness.
If there was a jury trial, I think it would be a lot easier to secure a fraud conviction.
In practise, the perpetrators will find it simple to intimidate the entire judicial apparatus. As far as I can tell, all institutions are corrupted or cowed.
Ditto and especially now as there are so many treacherous threats to navigate in today's economy and markets. Never a better time to hire a fiduciary advisor with eyes wide open. We just did.
Man, you're way too smart. But then again maybe I'm not smart enough to know how smart you are . . . .
But thank you.
Like you, I can't vouch for anyone I haven't met, but you seem to be an ace person and I'm glad you're fighting for a kinder world.
I don't know if I count as "kind". It depends on the circumstances. But I dislike gross aggression, and work to instill some sort of game theoretic stability. I try to find profitable ways to punish bad actors, where possible.
Well I suspect there is a smidgeon of kindness in that calculating heart of yours Matthew 😉. But I'll take your word on your motives. In any case, you've put a target on your back. Anyone who tries to expose the corruption etc is potentially putting a target on their back. If the predators do get desperate or total power, they'll go after the biggest pests first . . .
Like you said, we're all going to die and that you don't want to die for nothing. I wouldn't mind dying for nothing. But I have my reasons for trying to expose the corruption at the expense of my short term well being.
May humans work out a way to live with the kulangatta without giving them power. Or should we just push them all off the ice cliff?
I try to read everything I can from both Mathew and Dowd. A couple of things the two have in common from my point of view as an educated person, but NOT knowledgeable on the topics at hand (vaccine safety nor finance) is that both of them know far more than I do, and both of them feel a strong sense of urgency that everyone else understand that the vaccines are killing people unnecessarily. And both some across to me as sincere, although I admit my BS detector has been fooled in the past. I personally have acted on nothing more substantial than Mathew's advice to grow a garden. (My receipts: about $200 at Home Depot resulting in one squash and about two dozen tiny tomatoes...that is, some of us can lose money at even that game.)
Gardening improves. We have nice tomatoes this year for the first time and learned to build a lot of homemade contraptions. Keep trying. You find out things along the way like how to fingerfuck the squash to get little baby squashes.
This cracked me up! Not only was that my experience gardening, but I'm a slow learner: I repeated the experiment for many years before giving up. When I would get a true home garden-grown tomato, it almost seemed worth it. But that was rare and overshadowed by the weeds, insects, raccoons that ate all my corn, grubworms that cut off my squash vines, birds that pecked my tomatoes, etc. I would like to blame the Texas Gulf Coast heat and humidity but I know people who succeed despite the challenges here. I now focus on showering them with praise so they'll share their bounty! ;-)
I also have no excuses for my gardening failure (in central Texas for me.) In my teens my father had me and my siblings helping tend more than an acre of garden that, every year, had far more than our family could eat. I was 65 years old before I tried to replicate what he did (being required to help in the garden didn't make me like it) and, so far, not so good.
Unfortunately, I suspect the US uniparty government will “bail out” insurance companies and blame covid (or “long covid”). All in exchange for suppressing any evidence of vaccine injury.
Bail out. Policy change. Yeah, the policy front needs consideration before anything like a big short.
I had to read this piece twice to grasp it. I’ve spent two hours with it, and haven’t clicked on every link, but on many of them. Some of the links brought me to articles of yours that I was glad to see I had already read, and some to articles of yours that I thought I had read but had only started, and some to articles of yours that I hadn’t seen before, but now I’m glad I’ve read.
The breadth and depth of your understanding is astonishing, and I feel fortunate to have come into contact with you through your writing. Thank you for bringing your erudition to this Edward Dowd story. I feel much more informed about it, but it leaves me with some questions, and I’m grateful that the breadth of your experience may give you the tools to answer these.
Do you think the insurance actuaries will eventually come to the conclusion that the COVID-19 “vaccines” are responsible for increased all-cause mortality (especially cardiovascular events), and will that understanding constrain the insurance companies to make adjustments in their policies that do not favor the recipients of repeated doses of these biological injectable products? Wouldn’t that be a necessary business strategy to protect against unnecessary losses when underwriting life insurance and disability insurance products? If you think that may happen, do you at least agree with Dowd that 2024 seems to be a correct ballpark estimate for the time course for these adjustments?
Thank you for all you do, and keep up the excellent work.
"Do you think the insurance actuaries will eventually come to the conclusion that the COVID-19 “vaccines” are responsible for increased all-cause mortality"
There is a 100% probability that they know.
The question is how high the pressure level is over saying it, or releasing revealing data. We literally have people in Congress losing spouses and children shortly after transfection, and acting like nothing is up. The world is not what most people thought it was.
UNUM is the biggest disability insurer in the US. I looked pretty carefully at their 200 page 2021 Annual Report. On page 37 I found this: “ Excluding this item, our Unum US segment reported a decrease in adjusted operating income of 43.7 percent in 2021 compared to 2020, due to unfavorable benefits experience, particularly in the group disability and life product lines.” But I couldn’t find the breakdown to $amount, change from 2019 and 2020, or # of claims. My conclusion is they probably know and are probably concealing their vaccine injury caused claims losses.
Thank you for sharing that information.
I haven't heard any of those stories regarding people in Congress losing spouses and children shortly after transfection. but I don't need to be convinced that the world is run by "the Kunlangeta". The problem with them is that they eventually eat their own. There will be some economic advantage to that insurance company that figures out how to capitalize on the knowledge that the "vaccines" are far from "safe and effective" and capitalizing on that will be an advantage in the "winner take all" world of psychopathic control. In a similar way, I think Bitcoin eventually takes over through Wall Street greed. As investment houses now seek to put a little BTC in portfolios as "an uncorrelated asset", it will eventually be the only thing that will save their clients' portfolios. Maybe it's just wishful thinking on my part. I can dream.
A 17 year old daughter in one case and 39 year old wife in another. Just heart breaking. Talk about the new "unexpectedly" and "dies in sleep" dog whistles. That’s all you have to search for :-(
https://nypost.com/2022/06/15/rep-sean-casten-says-17-year-old-daughter-gwen-died-in-sleep/
https://www.westernjournal.com/congressmans-wife-dies-unexpectedly-age-39/
I wanted to believe Ed would turn out to be correct. But I much doubt anyone has the power to force the pharma companies to account for their evil deeds. Too many other guilty parties. Those looking at any player as if we’re in the good old days, where media might take a side & splash a story, is smoking something.
Absolutely nothing gets to the public that the perpetrators don’t want.
I no longer believe minor figures like me in the marginal / alternative media have any chance of reaching enough people to force the issue. That why I implore listeners to access their networks, because it’s absolutely impossible for me ever to reach them. And you know what? They’re not doing it. Why not, I don’t know. But they’re not.
Dr Yeadon, Please do not underestimate the value of your principled advocacy and impassioned leadership. Even if your efforts do not appear to directly impact current public health policy, they provide hope to the rest of us and enable us to more credibly communicate counter-narrative arguments to our friends and neighbors. Your analyses carry immense weight given your status as an expert and former senior level insider. Without brave voices like yours, many of us would despair and have little hope of influencing the minds of our neighbors. It is a frustrating and disillusioning process, but if we all keep chipping away, the tide may turn. I never expected that a group of Canadian truckers would be the force that forestalled further vaccine mandates. Perhaps the next wave of pushback against medical tyranny is around the corner and will come from another unexpected corner. Please know that the noble efforts of outspoken leaders like you and Mathew are valued and are making a difference. Thank you for dedicating so much to this cause!
Thank you. I do appreciate your post very much. Mike
So, I subscribed so I could comment, been following you from Twitter originally. I appreciate all your warnings. My feeble understanding of markets have definitely led me to believe most of the market is rigged for the top market makers. My question to you is the top three books/podcasts/videos/sources you would recommend to someone wanting to understand the market and trading better. Like better understanding the Greeks, the indicators best used, etc. And I will plant a garden while I listen to them….
I have little idea about good trade edu resources. I learned in offices, often verbally, and where those relaying the knowledge didn't even want it written down, and then much of the rest I "came to understand" though experience.
But again, I feel like even trying to lay out resources publicly, without vetting students, is an exercise in irresponsibility. This is a poker table times 10. At the poker table, you hunt a lot of personality types until they're extinct (and much of the rest is a lottery from there).
If I had to force a general recommendation, it's to study more math and problem solving, then gravitate toward what seems interesting.
That makes sense. But maybe about investing more generally. i.e., if trading is not what the average person should do, or even the 99%tile person should do, what SHOULD they do?
Invest in yourself. Education and skills. Health.
Invest in some land, and renewable resources. I can't wait to have hens.
I Invest in BTC.
It's all up to you. Study everything you can for ideas. Build good businesses. Always look for productive opportunities.
I just sent ya the email to join your Signal BTC education group. I have ranch in North San Diego county, I have been raising, breeding Heritage Chickens for over 35 years... hit me up if you have any questions or need help with your future hens! I certainly love learning from your vast knowledge on investment and crypto, I just got involved w/crypto 2 years ago.
I second the request. You could even make it a post, with a brief review of each book, and some comments from your own experience about strengths and weaknesses of the content.
I will do more of that gradually this year.
I've listened carefully to nearly all the interviews given by Edward Dowd out there. I have never heard him imply or suggest that shorting would be a good thing for the viewer to do or that he is giving investment advice. He has acknowledged a colleague's bet that is very long term with respect to Pfizer. Dowd's main message is that the data are alarming on the deaths and disabilities. He suggests repeatedly do your own thinking and create your own thesis, maybe not smart to keep Pfizer and Moderna and their related companies in your portfolio, nor insurance companies who hold that liability as it has potential for toxic downside. His warnings are general and very appreciated while the data he presents very specific and across multiple datasets.
Shorting and options a whole other matter for experts. We all know that there is unknown and mysterious support under the pharma stocks. Lately I am realizing with sinking heart that the vaccines were likely ordered under a very different federal contract mechanism perhaps a task order within an IDIQ mechanism with emergency status within DARPA or DOD. I gathered this from language coming out of the Brook Jackson Whistleblower lawsuit led by attorney Robert Barnes, where Pfizer's first defense was "the government was in on it."
There isn't enough transparency of information to safely intelligently play this market news.
Trading really is the Wild West. My erstwhile hubby was a DC Fed economist for several decades monitoring various things on Wall Street and when a relative left him some money he lost it all in the market. Like a lot of you, he had spent time in the financial world early on and was considered very “insightful.” Which apparently can be like describing a woman as “interesting looking.” On the other hand, my brother made his first million as a college freshman day trading between classes and only got wealthier as the years rolled on.
Thanks for sharing that story.
There are connections between finance and economics, of course, but they diverge in many ways. The first hedge fund I traded at, D.E. Shaw, is one of the largest. Bezos and his ex-wife worked there before I did, and later former Harvard president Larry Summers worked there. In the case of the latter, he did not turn out to be much of a trading machine.
Some of the difference is in understanding the difference between short term and long term capital allocation, and then just witnessing and absorbing the game at the fringes. Finance gets closer to games the more excess money gets involved. We are living in an era of "excess money involved" which makes the gulf that separates finance and economics wider.
I like Dowd. He strikes me as a guy that is genuinely upset by the criminality that he is seeing in Pharma and wants to warn the world about it in an effort to protect people. He is also a bright guy.
In fact he reminds me of me. He is a finance guy with a background in investment management; I used to be an investment banker. But one thing that I learned in my Wall Street days is not to think that I could hang with traders. That is a very special breed of cat, with a level of math ability that few mortals have.
One of my heuristics from being around finance for a lifetime is never trade on anything that I see in the press - that information has already been priced in and by guys that are far smarter than me. The corollary - since I don't have access to inside information and would not use it if I had it - is not to trade. Since I have always viewed trading as being something that only professionals should engage in, it did not occur to me that people would actually try to make money on Dowd's revelations. Of course I was.naive about that, so your post here and discussion with Dowd are welcome correctives.
(In the spirit of full disclosure, the one thing that I did do, and it was somewhat based on Dowd's revelations, was to sell my Pfizer stock position, as well as a large part of my J&J position. For me, it was not about the direction of the stock as much as it was the thought of profiting from the efforts of these psychopaths.)
I can't thank you enough for this post. You have managed to put so many different things into perspective. I will always be greatful to you and all the other brilliant warriors for taking on the secrets of the plandemic.
There was always something about Dowd's opinions on trading and the market that did not feel right to me.
Where is that mysterious friend of his that would soon be revealed?
I don't know if a reveal is ever planned. I would expect that it would not be, or only if some sort of legal action demands it.
The chart on Pfizer is showing no indication of breaking down, beyond what the broader market is doing.
That's the reality of what the market thinks of Pfizer at this time. It doesn't get more solid than that.
That's a reasonable short term assessment. I'm not paying enough attention to think through the longer term, and it wouldn't crack my top 100 priorities as a thought exercise.
Mathew, this is a great post! I dabbled in options years ago and realized I was the bait, and quit. From time to time I get tempted, but remind myself of that experience and of the fact that there are thousands of very smart people doing this full time, and they'll eat me alive. I admit I looked at shorting PFE/MRNA after seeing Dowd, but reminded myself that there is always a smart player on the other side of the trade, and questioned the wisdom of jumping in on what had a certain pump-and-dump vibe to it (Dowd did a whole lot of Tweets and media appearances pushing his idea). The challenge that so many don't realize, and that you explained very well, is that one can correctly predict the trend of the underlying security, yet lose money. I hope you'll share more insights on investing here in the future.
I hypothesize that your readers are a self-selected group that **may** be at elevated risk of investment error (this includes me). We think of ourselves as "outside-the-box" thinkers and "contrarians" because of our stance on COVID-related matters. We challenge the narrative and look for the secrets that others miss. We love analyzing data and finding hidden patterns. It is tempting to become intellectually arrogant. Our stance could be as much due to happenstance (a loved one had an adverse reaction so we refused vaccination, or a friend happened to send us a Rounding the Earth article before we made the big decision) as to any brilliant deduction on our part. If we apply that attitude to investments, thinking that we are seeing what "The Crowd"(TM) is not seeing, and applying an almost gnostic attitude to investing, we are likely to find out that we are blind to our own weaknesses and, as you put it, are shark bait. A healthy dose of humility will probably serve us well in investments as well as life.
That said, a better understanding of how to live through the challenges ahead, including financially, while not playing at the casino, would be invaluable, and your help on that is much appreciated.
"There is always a chance that you can't collect on some bet you make because the counterparty in your wager went" up in smoke, not belly up. Mathew, I'm working my way across a swift cold river on the stepping stones of your explanation, and I almost fell in and got swept away. :(
But I do understand counterparty risk better now, and that puts into words why it has been so painful to hear people talk about "just wait until the personal injury lawyers show up" as if we lived in the old dispensation as if vaccine casualties could be compensated. By who, with what store of value? This fraud is too big.
Funny, the markets are down about an av of 20% and to me the inflation is about.....20%....just ships passing in the night I spose....
Crazy reading this. After watching that interview with Dowd I spoke to my friend who owns a brokerage firm about buying put options. He told me there werent any that made sense for Phizer, Moderns or Biontech. I wound up just shorting Phizer at 53 instead.
Do you think they will ever pay the price for what they have done or do you think they will skate?
Thanks for this article and for giving a dose of reality and for asking the hard questions.
I think there’s virtually no chance Pfizer selectively will be blamed. Way too many guilty parties involved. And no one has power to hold them to account.
Thanks for the reply. Im a huge fan by the way—youre a hero.
You dont think fraud can be proven and then lawsuits will pour in?
Anything’s possible but I’m told fraud is a very high bar.
Their defence can be “oh, we made a mistake, we’re idiots, sorry”. They are protected from prosecution for being stupid or unlucky, but not fraud.
An amateur’s guess is we’d need an insider to blow the whistle. That person would be likely to be murdered. Not easy to find such a witness.
If there was a jury trial, I think it would be a lot easier to secure a fraud conviction.
In practise, the perpetrators will find it simple to intimidate the entire judicial apparatus. As far as I can tell, all institutions are corrupted or cowed.
If there is communication about baking data on a large scale, we have to go after it.
Thanks Dr. Yeadon. God bleed.
Bless
FYI, you can click the dots and edit your comment when you make a typo or get murdered by autocorrect.
Honest advice and a warning to amateur's not to compete with the pros is advice all would be well served to follow.
Ditto and especially now as there are so many treacherous threats to navigate in today's economy and markets. Never a better time to hire a fiduciary advisor with eyes wide open. We just did.