THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. Last week at this time, investors and the world were wondering if an attack on Iran would spiral into a broader war. Since then, oil prices plunged nearly 20% (shown below), and the focus shifted to TALO. The White House criticized Canada for having the audacity to do to the US what China did—retaliate where it hurts. China restricted rare earth exports, while Canada imposed digital taxes. Same idea. Given...
Jun 27, 2025•33 min
THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. This week, we learned a few things. First, we learned the big round of central bank easing is probably over. For assets in general (stocks and bonds) to go up, the total amount of printing (easing) needs to increase. While the Fed wasn’t easing, most other central banks were. This week, the Bank of Canada and the European Central Bank said they don’t see the need to ease further (though the ECB cut rates)....
Jun 06, 2025•50 min
THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. A confluence of events caught my attention this week. Here’s what I noted: * The Chief Justice of the Supreme Court verbally intervened to defend the judiciary. * The Federal Reserve said they won’t raise rates if tariffs boost inflation, but they will cut them if tariffs hurt growth. * The April 2 deadline to impose sweeping, across-the-board tariffs (the administration is calling it “Liberation Day”) tur...
Mar 21, 2025•51 min
THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. Today, I want to share a podcast, a China update, and discuss the D.C. fiscal/monetary standoff. Podcast Bill Bishop writes the Sinocism Substack. I find reading Bill’s missives helpful in keeping me on top of what is going on in China and wanted to hear his story, which I think you will find interesting as well. This relates to the second topic, what will happen in China? China China is the second biggest...
Dec 27, 2024•57 min
THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. There are about 45,000 Russian casualties a month now in Ukraine. That equates to a rate of 540,000 soldiers per year or about 1% of Russia’s male, fighting-age population, thus the call to North Korea to supply troops. About 15% of Russia’s population died in World War 2, so today’s losses are modest in comparison but by modern standards an incomprehensible cost for territorial gain. Almost all of those w...
Dec 07, 2024•49 min
Happy Friday! This is a fun interesting conversation. I originally posted it last month but due to how Substack is set up only a portion of you were able to hear it. So I am re-posting now for broader distribution. As we may be on the cusp of another major trade war, this conversation could not be more timely. Hamish is the President of Starbulk Carriers, which operates a fleet of boats that ship grain, iron ore and other key ingredients to global commerce all over the world. It’s an ancient bus...
Oct 25, 2024•53 min
Inside and outside at the same time. That is the key. Richard Koo THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. I read Richard Koo’s books years before I spoke to him, a conversation I share here. Richard is the first person I know to provide a comprehensive diagnosis for something evident across much of the world—weak borrowing. While many people have the capacity to borrow money, most don’t. Explaining this phenomenon is interesting in two respects....
Oct 11, 2024•51 min
This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com China’s splendid isolation nurtured a particular Chinese self-perception. Chinese elites grew accustomed to the notion that China was unique—not just ‘a great civilization’ among others, but civilization itself. On China, Kissinger, 2011
Jul 15, 2024•22 min
This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com Oops…looks like I didn’t send out the link to the actual podcast. Sorry about that. Here you go! We know the internet is simultaneously a recent invention, integrated into every niche of our lives, and difficult to understand fully. I like to anchor theoretical questions—how does the internet actually work?—in specific case studies. Today’s podcast guest, Lev Borodovsky, creator of The Daily Shot, is one of t...
Jul 01, 2024•17 min
Note to readers: I am offering a sale this week. I started these posts as an experiment three years ago. They have now grown into a conversation with thousands of unpaid subscribers and hundreds of paid ones. I am grateful for each subscription. A service that started at $75 now costs $700 a year. If I could offer a sliding scale based on need, I would. But I can’t. So this week, I am lowering the price to $500 a year, or $1.36 a day. Also, I’m at an investment conference this week and won’t be ...
Jun 19, 2024•1 hr 4 min
This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com Summary: * Keep an eye on Serbia. * No US easing. More below: Over the weekend, the hard-right made gains in European Parliamentary voting. Last week, Senator Tuberville (R. Alabama) said Putin “doesn’t want Ukraine.” That extreme rightwing leaders are gaining even while we can see what the hard right looks like—Putin invading Ukraine—tells you something odd is afoot. If I had to reduce the rise of the hard r...
Jun 10, 2024•18 min
This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com Man has always asked the question: what is it all about? J. Krishnamurti, 1969 Stories are intrinsic to being human, a survival mechanism. Some forms of story—poetry—can be created virtually for free and others—movie making—cost millions of dollars. But just because we need something, doesn’t mean it’s easy money. What’s a good business? Monopolies (toll bridges), massive economies of scale (big tech), produc...
Jun 03, 2024•16 min
This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com “ In spite of all the farmer’s work and worry, he can’t reach down to where the seed is slowly transmuted into summer. The earth bestows. ” Rainer Maria Rilke, 1875-1926 The difference between the Soviet Union and the United States is the former repelled people and the latter attracted (and continues to attract) them. That’s true despite the US’s many flaws. The attraction is related to an idea that is abstra...
May 22, 2024•17 min
This is a free preview of a paid episode. To hear more, visit paulpodolsky.substack.com We hear about sanctions all the time. Biden just put more on China. Do they matter? If so, in what way?J provides a framework to help us all understand. This is J’s second appearance. In our conversation last year, here , you can hear J’s background and how he created his shipping advisory service, Value Investor’s Edge. He is the perfect guy to discuss s…...
May 16, 2024•9 min
Send us a Text Message. David is former CIA and the author of Damascus Station and Moscow X. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Apr 20, 2024•58 min
Send us a Text Message. Barton is trained as an accountant and equity investor. We all know how much tech is driving the stock market. He sheds light on how to make sense of what is going on. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.su...
Mar 28, 2024•33 min
Send us a Text Message. Jim returns to the show to share his perspective on Ukraine, the border and the November election. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Feb 29, 2024•34 min
Send us a Text Message. Jason is an accountant, fluent Chinese speaker and Wall Street veteran. I always learn from my talks with Jason and I think you will too. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Feb 09, 2024•36 min
Send us a Text Message. Ivan is a renowned college sports journalist and the father of three, one of whom took his own life. It's a terrifying story and one we all need to hear. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Jan 18, 2024•31 min
Send us a Text Message. Scott Nelson is the Georgia Athletic Association Professor of History at the University of Georgia and an expert in the history of commodities. In this podcast he shares the history of grain and the impact on Ukraine, global commerce and Russia. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this...
Dec 31, 2023•38 min
Send us a Text Message. Page is the Director of the Saltzman Institute of War and Peace Studies and Harold Brown Professor of US National and Security Policy at Columbia University. She is an expert in how wars begin and end. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bon...
Dec 07, 2023•45 min
Send us a Text Message. Remy is a comedian and YouTube star. His father emigrated from Iraq and his mother from Lebanon and some of his humor is Arab-centric. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Nov 21, 2023•32 min
Send us a Text Message. Yasheng is the author of The Rise and Fall of the East, How Exams, Autocracy, Stability and Technology brought China Success, and Why They Might Lead to Its Decline. He is a professor at MIT's Sloan School of Management. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers o...
Oct 26, 2023•1 hr 5 min
Send us a Text Message. Yashca is a professor at Johns Hopkins and founder of the digital magazine Persuasion. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Oct 11, 2023•43 min
Send us a Text Message. Bill is the author of several books. His most recent is a joint-effort with renowned doctor Peter Attia on how to increase your odds of not getting heart disease, dementia, diabetes or cancer or, in short, how to live well. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscriber...
Sep 28, 2023•1 hr 5 min
Send us a Text Message. Spencer founded Probable Futures to help us all become climate change literate. Before that he was Director of Investment Research at Wellington Management. He holds a PhD from Harvard. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, vis...
Sep 14, 2023•1 hr 3 min
Send us a Text Message. Leonid is a drone operator on Ukraine's front lines. This conversation is a bit "salty" so if that's jarring, don't listen. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Aug 31, 2023•39 min
Send us a Text Message. Faye is the co-founder of Dipsea, which produces "short and sexy" audio stories designed by and targeted to women. She talks about finding her path, erotica and what makes a good story. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, vis...
Jul 03, 2023•52 min
Send us a Text Message. Francisco was born in Venezuela and later watched that country's Democracy implode. He is now a journalist, a contributing editor to Persuasion and an expert on both Latin America and populism. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episo...
Jun 15, 2023•40 min
Send us a Text Message. Chris Murphy is a Democratic US Senator representing Connecticut. Talking Trading - Expert trading tactics so you can excel in the sharemarket. This is how traders and investors excel. Listen on: Apple Podcasts Spotify Support the Show. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit paulpodolsky.substack.com...
Jun 01, 2023•29 min
