Dear Fellow Investor,

Robert McNamara, US Secretary of Defense for part of the Vietnam War, preferred making decisions based on numbers. “Things you can count, you ought to count,” he used to say. “Loss of life is one.”

He reduced the war to math, theorizing that as long as the enemy’s body count was higher, victory was guaranteed.

The problem was, this approach didn’t account for the chaotic, emotion-driven situation on the ground. Where human beings are involved, sometimes the numbers lie.

Misbehaving Markets

It’s the same with markets, because markets are made of people being swayed every which way by two major emotions, greed and fear. And psychoanalyzing markets is one of Jared Dillian’s greatest strengths, showcased around 225 times a year in The Daily Dirtnap.

Jared doesn’t ignore numbers, but he knows that markets are living entities, prone to bad decisions and irrational thinking. Something you can’t reduce to math.

Once you understand the markets in this way, you gain a competitive edge… and the ability to spot burgeoning trends before the numbers-focused mainstream investors.  

That’s what you get with The Daily Dirtnap—along with a contrarian viewpoint and a quick but profound daily dose of insight into everything from ETFs to elections to emerging-market economies.

Here’s a brief snapshot of what Jared recently has been talking to his readers about:

	Why passive investing, option selling, and animated movies are big bubbles
	Why you should stress-test your portfolio now for a true black-swan event
	What trade ideas you should be percolating ahead of the French presidential election
	How the smartest investors often outsmart themselves in the markets
	Why gleaming new company headquarters are often a contrarian indicator
	Why Steve Bannon having a copy of The Fourth Turning on his bookshelf should keep you up at night
	Why Wall Street will enter a hiring boom in two years
	And much, much more

Now, Jared is right when he says The Daily Dirtnap is not for everyone. It’s not for people who want to be told exactly what and when to buy and sell. Or for people who value quantitative analysis above all else.

But it’s an indispensable addition to your trading arsenal if you value macro analysis, against-the-consensus thinking, quick wit, and big ideas forged from seemingly unconnected pieces of data.

I should know. Every morning, I open my inbox to a torrent of fresh emails, and The Daily Dirtnap is always one of the first I read. I’m certain it’ll go straight on your “must read now” list too.

Join The Daily Dirtnap
community today

Sincerely,

Ed D'Agostino
Publisher & COO

P.S. I advise you not to take a rain check on this invitation to join The Daily Dirtnap community. Here’s new subscriber Paul V.H. to explain why:

To join now and start getting Jared’s insights straight from his inbox to yours, simply click here.