We're Hiring!

Second Foundation Partners is looking to hire for three new positions!

Please check out Careers at Epsilon Theory for more details, and please distribute the link to anyone you think might be interested!

ET Pro Regulation Monitor

Inflation Monitor – 12.31.2018

By Rusty Guinn | January 7, 2019 | Comments Off on Inflation Monitor – 12.31.2018

Access this month’s monitor slides in Powerpoint and in PDF. Access the monitor values in Excel. For yet another month, stock market declines refocused investor narratives – especially concerning…

We Are All Epsilon Theorists Now

By Ben Hunt | January 6, 2019 | 18 Comments

I found this photo from Friday’s presser, when Jay Powell was asked to describe how much credibility he has now.

JK. But also, LOL.

In the News | Week of 1.7.2019

By Rusty Guinn | January 5, 2019 | Comments Off on In the News | Week of 1.7.2019

Three reporting companies this week. The most-connected articles include an odd weed obsession among media and analysts, and a…rather unfortunate Delta experience.

A Game of Them

By Rusty Guinn | January 4, 2019 | 9 Comments

When it comes to politics and social media, making up straw men about our enemies to make them look ridiculous seems like good entertainment. But beware embracing amusing-but-wrong cartoons in zero sum games.

Epsilon Theory Discovery Map

By Rusty Guinn | January 3, 2019 | 5 Comments

Introducing the Epsilon Theory Discovery Map – a novel way to navigate the Epsilon Theory archives, not based on chronology or author, but based on connectivity, similarity and consistency in the underlying narratives.

Multiple Ways to Lose (AAPL)

By Rusty Guinn | January 3, 2019 | Comments Off on Multiple Ways to Lose (AAPL)

We examine how Apple found both of the ways to lose on Narrative in less than two months’ time, and outline how that might change the playbook for the near-, medium- and long-term for different investor types.

Let Us Now Praise Famous Men

By Ben Hunt | January 2, 2019 | 7 Comments

We are living in a Golden Age of corporate management competence, driven by the adoption of process technologies and minimax regret strategies. That’s not going to stop in 2019, and it has major implications for your portfolio strategy.

Audacity

By Rusty Guinn | January 1, 2019 | 1 Comment

Some resolution season advice for young professionals who would become successful professional investors without becoming charlatans – a task easier said than done.

Looking for Laffer-Likes

By Rusty Guinn | December 31, 2018 | 4 Comments

Complex systems and uncertainty influence us to look for something – anything – to hang our hat on. The problem? We’re prone to hang our hats on extrapolations of the rare facts we can find, many of which have no explanatory power at the margin, where markets live and breathe.

Building The Narrative Machine

By Neville Crawley | December 31, 2018 | 0 Comments

Is it early days with the development of the Narrative Machine? Yes.

But not as early as you might think.

Eight crucial insights on how to incorporate Narrative data into an understanding of markets.