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Profits of Chaos

Austrian Economics, Investing and Entrepreneurship. With Professor Peter St Onge. If you haven’t yet, sign up for free updates here.

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Megacorp_HQOver the past century economists have hotly debated whether the dynamic forces of capitalism are taking us to a future dominated by a few Mega-Corps, or will these dinosaurs be eaten by small, entrepreneurial firms.

The debate’s modern terms were set in the 1930’s, as Progressives like Richard Ely and John Commons argued that the Mega-Corp future was inevitable. [click to continue…]

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[Excerpted from the November Austrian Investment Monthly. Download a full copy at St Onge Research]

“Big Data,” the latest and greatest data fad, makes the Austrimatrixan approach even more important to investors. How can savvy investors take advantage?

One key advantage of “Austrian” investing is using theory to guide your choice of data. This advantage is growing massively as Wall Street falls in love with the “Big Data” fad.

In “Big Data,” you toss the kitchen sink into a huge correlation, run your supercomputer, and out pop your recommendations.

What could possibly go wrong? Lots.

[click to continue…]

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piano-cycleThe past few years bond returns have been pathetically low, while stocks have been on a rip.

As this boom gets old, prudent investors face a difficult decision: if you want to taper out of stocks, where do you go?

The usual suspects all have their own problems. Commodities are on a strong down-draft, and you don’t “catch a falling knife” as they say on Wall Street.

[click to continue…]

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Had a great chat with Jeff Berwick of the Dollar Vigilante last week. Jeff’s a passionate anarchist, leads an interesting life, and has really interesting ideas.

I’ll be at Jeff’s Anarchapulco conference in February, 2015. So if you’re looking for a good reason to get to Acapulco in February, this is the one.

Jeff interviews Peter St Onge, topics include: Austrian vs Keynesian economics, Paul Krugman, the coming recession, is Japan really in bad shape?, Abe vs the Bank of Japan, entrepreneurship, getting better at business, the internet brings opportunity, its never been easier to start a business, Anarchapulco!

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Notation_financière_des_Etats_européens_par_Standard_&_Poor's.svgGeorge Soros is at it again, lecturing poor Europe with his economic musings.

In an op-ed  on monetary policy in Britain’s lefty Guardian, Soros claims that European countries are in trouble because they accepted a currency they cannot control. Soros misses that Europe’s “crisis” is no more than politicians kicking and screaming for more vote-buying loot. It is, in other words, the “Nixon Shock” with an accent.  [click to continue…]

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