Weekly Recap August 9, 2026
Doug and Matt talk.... Trump, $250K migrants, and perverse incentives to surveil oneself. John on better use of insurance , windfall profit taxes, and collectivizing the hated "billionaire class."
The Most Powerful Man Who Ever Lived
In a new book, two New York Times writers describe an interview in which Trump had an aide bring out a two-page list of the most powerful leaders in history — Genghis Khan, Attila the Hun, Julius Cae…
Insurance Is for Catastrophes, Not Inconveniences
Last week, the premium subscribers read about my system of selling options as a means to fund an investment portfolio without sending a wire to a brokerage. Today I present another way to pull cash o…
I'm Told Oil Companies Are Making Too Much Money
Trump looked at Exxon’s $14.5 billion quarter and Chevron’s $12.1 billion quarter and said oil companies are making too much profit. My skepticism of his comment runs deep.
Eat All the Rich? Or Just Some of Them
Some of the masses want the billionaires gone. Round them up, drop the guillotines. The left wants to tax them into the sea, having appointed itself sole definer of the word fair — as in, pay their f…