Constructing Line Without A Safe Anchor Point….Diddling in the Middle Vegetation Fire Initial Attack….A massive inferno vaporizes the waist high shrubs outside your window as you pull up to scene. Homeowners scream for you to save their homes and everyone on the block threatened by the fire points to their driveway. Ash rains from theContinue reading “Watch Out Situation #8”
Author Archives: thefirefightereconomist
Surrounding Myself With Professionals
It’s been a while since I last posted. I have had a bit of inner conflict as to whether or not I should even continue with this blog or investing for that matter. To be honest, I have felt like a bit of a failure and haven’t really felt qualified to teach…I’m breaking this hiatusContinue reading “Surrounding Myself With Professionals”
“Listen Here Maggots”: Candlestick Building Blocks
Before you can run, you have to walk. Before you can walk, you have to crawl. In the world of reading candlestick charts, we will be starting with the basics first. In this article, you will learn how to read a single candle stick pattern. It reminds me a lot of like being in theContinue reading ““Listen Here Maggots”: Candlestick Building Blocks”
The Candlestick
It’s 9/12 today and I am at a loss for words every year about the humbling sacrifice 343 of my counterparts made in the line of duty on that fateful day 21 years and a day ago. I’ll always remember vividly as I watched the scene unfold early on September 11, 2001 with my father.Continue reading “The Candlestick”
Overrun: When Cash Secured Puts Get Exercised
In my last post, I highlighted the benefits of cash secured puts in buying a stock at the price you want to own them at, all the while getting paid to wait. The firefighting equivalent, would be to scratch indirect hand line well ahead of a raging fire in order to prevent the spread ofContinue reading “Overrun: When Cash Secured Puts Get Exercised”
Indirect Attack: Cash Secured Puts
The markets have been more insane than the crazy frequent flier covered in their own bodily fluids that you ran on three times last night. Something I have been asking myself over the last two month hiatus from posting on this blog, is Are These Markets Investable? Turn to Twitter, financial blogs, and other socialContinue reading “Indirect Attack: Cash Secured Puts”
Stumbling In The Smoke
Now more than ever, it’s time to develop an investment thesis…here’s mine after some wandering…. It’s easy to do at 2am. You get the call for a structure fire as you wipe the sleep from your eyes. The adrenaline surges as you make your way through the dark and empty streets to reports of peopleContinue reading “Stumbling In The Smoke”
Time Is The Only Currency
Our department has lost a few great members, both active duty and retired recently and this post is dedicated to their memory. As I navigate the financial world and do my best to develop content that speaks to our ranks in this great profession, these losses have hit home. It’s hard not to grieve. It’sContinue reading “Time Is The Only Currency”
Swimming With The Whales
This post was inspired by my daughter Everly on a recent trip to Sea World. My wonderful parents gifted us a pass to Sea World for the year and it has been so much fun to see my little three year old so excited to go see all the sea creatures. Of all the marineContinue reading “Swimming With The Whales”
Deflation: As Explained By The LUCAS
Deflation, unlike it’s counterpart inflation, is a fairly misunderstood force when it comes to understanding the economy. The textbook definition of deflation is simply a general decline in the price of goods and services. This decline is attributed to monetary policy by central banks, such as The Federal Reserve. If left unchecked, it can damageContinue reading “Deflation: As Explained By The LUCAS”
The Firefighter Economist 