Wonka 2023 – A story of Regulatory Capture and Lower Returns

Wonka 2023 – A story of Regulatory Capture and Lower Returns

I want to talk about regulatory capture—a concept that might seem abstract but significantly impacts our lives as consumers and investors. Let’s begin with a story from the 2023 movie Wonka. In the film, Willy Wonka dreams of revolutionizing the chocolate industry, but his efforts are nearly crushed by established manufacturers who manipulate rules to maintain their dominance. While the movie is fictional, it reveals a real issue: large players in any industry often use their influence to shape regulations for their own benefit.

Applying Poker Lessons to Investing

Applying Poker Lessons to Investing

Applying Poker Lessons to Investing Poker is often thought of as a game of skill, luck, and strategy. However, beyond the chips and cards, poker also offers profound insights into human psychology and decision-making. Blind spots are systematic deviations from...
How the $36 Trillion National Debt Impacts Investors

How the $36 Trillion National Debt Impacts Investors

With the election now behind us, attention has shifted to the next administration’s cabinet nominations and policy proposals. The large and ever-growing national debt, and the complex ways it impacts the economy and markets, will only grow in importance. How can investors put government spending in perspective and stay focused on what drives markets in the long run?