Rule du Jour: Rule #82 - Age of the Ideological Investor (Patreon)

Investing Has Changed!

For years this was a meme flying around... ie that value investing is dead... It is a famous book by Benjamin Graham - and just so people are clear I would never throw a book like this in the trash. It's a lesson in patience, value, and the art of thinking independently.

But Jeff Park just wrote a great piece on how value investing is dead... how things have changed.

Investing is no longer just about fundamentals—it’s about navigating geopolitics, AI, and culture, which have become primary drivers of value. Think Bitcoin, Think Tesla!

The age of the Intelligent Investor (analysis-driven, fundamentals-based, model-reliant) is over.

The age of the Ideological Investor (judgment-driven, future predictive, geopolitically aware, culture- and AI-savvy) has begun. In this world, value is not calculated—it is PREDICTED!

Bitcoin and Tesla are a classic case in point. They are the ultimate horse and hedge for the future. This was also inspired by my video today w Hans.

We play where the puck is going to be.