The hottest Finance Substack posts right now

And their main takeaways
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Top Finance Topics

How You Would Prepare for a Financial Collapse in The Near Term

OK Doomer • 176 implied HN points • 02 Mar 25
💰 Finance Investing Economic Policy Personal Finance Market Trends Crisis Management
  1. It's important to prepare for financial uncertainties because the economy can change quickly. Think about what you would need if you suddenly couldn't access your money.
  2. Many people can't just drop everything and move to the woods to escape problems. Most of us have jobs and families, so we need practical solutions for city life.
  3. Consider stocking up on essentials like food and water. Being ready for the unexpected can give you peace of mind in uncertain times.

Increases in the Money Supply, Not Corporate Profits, Drive Price Increases

QTR’s Fringe Finance • 28 implied HN points • 05 Nov 25
💰 Finance Monetary Policy Inflation Supply & Demand Market Dynamics Consumer behavior
  1. Rising prices are primarily driven by increases in the money supply rather than businesses simply trying to boost profits. Consumers ultimately decide if they accept the prices set by suppliers.
  2. Price controls may seem like a solution to high prices, but they can lead to shortages and hurt the production process. This could lower the living standards of the people they aim to help.
  3. Inflation comes from central banks increasing the money supply, making it so there is more money chasing the same amount of goods, leading to price increases.

Decoding Venture Capital Fund Performance: Unveiling the Distribution, Residual Value, and Total Value

Venture Curator • 179 implied HN points • 08 Jun 23
💰 Finance Venture Capital
  1. Evaluation of venture capital fund performance involves three key terms: Distribution Paid In Capital (DPI), Residual Value Paid In Capital (RVPI), and Total Value Paid In Capital (TVPI)
  2. These terms help Limited Partners (LPs) assess the success of a fund and understand the returns generated beyond the initial investment.
  3. Understanding the relationship between these terms can provide insights into the performance and potential value of a venture capital fund.

Infographics: U.S. Repo Market Mechanics

Concoda • 237 implied HN points • 10 Dec 24
💰 Finance Markets Investing Economics Banking Monetary Policy
  1. The U.S. repo market is a place where banks and financial institutions borrow and lend money, often overnight.
  2. Understanding how the repo market works is important because it affects interest rates and overall market stability.
  3. Visual infographics can help simplify complex topics like the repo market, making it easier for everyone to understand.
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On Reinforcing Private-Public Investments

Parth's Playground • 12 implied HN points • 17 Dec 25
💰 Finance Venture Capital Public Markets Startups Corporate strategy Market Trends Technology Adoption
  1. Private and public investments often reinforce each other, creating paired opportunities where startups and incumbent/public companies both benefit and accelerate a new technology or market.
  2. Major tech or market tailwinds typically spawn new companies while prompting mature firms to reinvent themselves, producing complementary ecosystems rather than simple displacement.
  3. Talent flows between startups and large companies, so watching both early experimental founders (micro) and hungry, founder-led mature firms (macro) gives a fuller view of where durable opportunities will form.

Mountain Meditations

Pinecone Weekly Brief • 157 implied HN points • 02 Oct 23
💰 Finance Investing
  1. The post discusses a recap of the MI2 Macro Summit in Vail.
  2. The writer shares insights from the summit through Mountain Meditations.
  3. Readers can sign up for more content or newsletters on the Pinecone Macro website.

Short Idea - Presto Automation (PRST-US)

Guasty Winds Investment Ideas • 157 implied HN points • 24 Mar 23
💰 Finance Investing Company analysis Financial Statements Cash Flow
  1. Presto Automation (PRST-US) is a loss-making, debt-ridden company that is struggling and may not survive without external financing.
  2. The company's core business of selling touch-screen tablets to restaurants is not profitable and faces challenges from cheaper alternatives like QR codes.
  3. Despite touting itself as an AI company, Presto's AI products are white-labeled and its financial situation is concerning, with high debt, low cash, and burning through cash at a fast rate.

Weird Markets = Warning Sign

Things I Didn't Learn in School • 157 implied HN points • 23 Mar 23
💰 Finance Markets Investing Economy Central Bank Inflation
  1. Take a step back and gain perspective by reading old writings and revisiting past events.
  2. Weird market behaviors like falling bond yields during interest rate hikes and unconnected tech and bank stock movements can be warning signs.
  3. Investors are struggling to price assets amidst inflation, banking crisis, growth slowdown, global conflicts, and AI innovation.

A Stock, An Index, and a Twinkie

Things I Didn't Learn in School • 157 implied HN points • 19 Sep 23
💰 Finance Stock Market Indexes Investing Wealth Management
  1. Charles Dow and Eduard Jones created the DJIA to simplify stock market performance in 1882.
  2. Investors now use various indexes like the S&P 500 to save money, but they may not fully understand what they are investing in.
  3. Indexes like S&P 500 simplify reality but lack clarity on the composition of assets, similar to not knowing the ingredients of a Twinkie.

Inflation: Japan Stands Alone, Part I

Japan Economy Watch • 439 implied HN points • 06 Sep 22
💰 Finance Inflation Interest Rates Central Banks Global Economy
  1. Different countries are experiencing different types of inflation, each requiring unique solutions. Japan faces a dilemma with its low headline inflation and core inflation dominated by food and energy.
  2. Central bankers focus on core inflation for long-term trends while considering demand-pull and cost-push sources of inflation. Japan's inflation is mainly driven by cost-push forces, unlike the US and Europe where demand-pull forces are stronger.
  3. Dealing with cost-push inflation is more complex as it involves supply chain disruptions and input price spikes. Timing the response to inflation and adjusting interest rates involves balancing economic growth and avoiding recession.

Water Station Founder, ex-Jefferies Manager Indicted In Alleged SBA-Linked Ponzi Scheme

Fintech Business Weekly • 59 implied HN points • 17 Aug 25
💰 Finance Investments Regulations Banking Fraud Bankruptcy
  1. Two individuals linked to Water Station, a company involved in a Ponzi scheme, have been indicted for fraud. They allegedly took in $270 million from investors while misusing funds meant for legitimate business.
  2. Victims of the Synapse bankruptcy may face a long wait for any compensation, as the process to determine payouts is complicated and time-consuming. It could take nearly two years to see any money return to affected users.
  3. Evolve Bank has a new CEO who claims the bank has acted responsibly amid challenges stemming from the Synapse situation. However, comments made by the CEO have raised questions about the bank's actual conduct during the crisis.

The Market Vs. The Bank of Japan

Japan Economy Watch • 319 implied HN points • 20 Dec 22
💰 Finance Market Interest Rates Inflation Financial Markets
  1. Market pressure forced the Bank of Japan to increase the maximum rate of 10-year Japan Government Bonds
  2. BOJ Governor Kuroda believes the rate hike was a technical measure, not a start of tightening monetary policy
  3. The outcome will be shaped by factors like BOJ's bond purchases, impact of interest rate rises on businesses, value of the yen, and course of inflation

The Bear Cave #206

The Bear Cave • 606 implied HN points • 28 Jan 24
💰 Finance Reports Resignations Tweets
  1. New activist reports on companies' financial statements and operations
  2. Recent resignations of notable executives in various corporations
  3. Tweets of the week highlighting key discussions and reactions in the financial community

Crossing Over Zero

moontower: a stoner dad explains options trading to his kids • 78 implied HN points • 04 Feb 24
💰 Finance Investing Options trading Market Analysis Financial Education
  1. The documentary '6 Days To Air' highlights the intense work ethic of the creators of 'South Park'.
  2. Collaboration and hard work are essential for success, as seen in the partnership between Trey Parker and Matt Stone.
  3. Understanding market dynamics, like the significance of opening prices and breakout strategies, can lead to potential trading insights.

The GDP Indicator

In My Tribe • 592 implied HN points • 03 Feb 24
💰 Finance Market Trends
  1. GDP is not the best indicator of the economy's health, especially due to factors like healthcare spending.
  2. GDP measures economic activity in markets, which includes specialization and trade.
  3. GDP changes are most meaningful when observed over long periods, not short-term fluctuations.

Endgame #3

The Dollar Endgame • 119 implied HN points • 29 Nov 23
💰 Finance Economy Investments Monetary Policy Real Estate Banking
  1. Japan adjusted its bond yield control policy in an effort to curb interest rates, showing the delicate balance between stimulating the economy and managing debt.
  2. The United States is experiencing increases in national debt and a housing market slowdown due to rising interest rates impacting new home and car sales.
  3. Gold prices have been rising as a safe haven investment, influenced by a weakening dollar and central banks acquiring significant amounts of gold, serving as a potential indicator of future monetary debasement.

The Outlook in Pictures

Things I Didn't Learn in School • 78 implied HN points • 02 Feb 24
💰 Finance Markets Central Banks Inflation Technology Companies Geopolitical
  1. Central banks are easing or planning to ease monetary policies, influenced by various economic factors worldwide.
  2. The rise of technology, particularly AI, is expected to boost productivity and impact asset markets, potentially leading to financial risks in the future.
  3. Inflation is under control due to labor-saving technology, weak growth in certain regions, and the US's ability to adjust energy production based on market conditions.

[2025–2026] Week 8: Philip Fisher’s Common Stocks and Uncommon Profits

Behavioral Value Investor • 22 implied HN points • 21 Nov 25
💰 Finance Investing Market Analysis Asset management Stock Valuation Financial Education
  1. Graham's investment approach focuses on protecting against losses, studying past performance to make informed future decisions, and finding undervalued securities. He emphasizes a disciplined, quantitative analysis over qualitative factors.
  2. Fisher expands on qualitative analysis and values long-term company strength and stability. He suggests investors should consider both financial numbers and qualitative aspects like brand and competitive advantages when valuing companies.
  3. Modern investing requires a mix of Graham and Fisher's methods. Investors should incorporate risk awareness, long-term thinking, and adaptability to current market trends, especially regarding intangible assets and rapidly changing industries.

Payroll Preview & Return of the Policy Put

Ironsides Macroeconomics 'It's Never Different This Time' • 137 implied HN points • 01 Nov 23
💰 Finance Economics Markets Policy Investing Bonds
  1. The Federal Reserve may not raise rates if certain conditions are met, such as softening labor market data or 10-year Treasury rates staying near 5%.
  2. A sustainable rally in the Treasury and equity markets requires a rally in 2-year Treasuries to stabilize the banking system.
  3. To reduce damage to bank balance sheets and profitability, yield curve normalization with a starting point at 4.75% could be beneficial.

Investing Update: What Does December Hold?

Spilled Coffee • 20 implied HN points • 29 Nov 25
💰 Finance Investing Stock Market Economic Trends Financial Analysis Market Sentiment
  1. The major stock indexes like the S&P 500 and Dow have been doing well, with the Dow seeing its longest gain streak since early 2018.
  2. Despite a recent dip, market sentiment improved as hopes grew that the Federal Reserve might lower interest rates in December, boosting several sectors.
  3. Tech stocks, especially in AI, are struggling, while other areas like healthcare are benefiting as investors look for opportunities outside of high-growth tech.

Investing in Energy

Doomberg • 267 implied HN points • 26 Oct 24
💰 Finance Investing Markets Energy Economics Analysis
  1. Energy markets are influenced by fundamental rules that help predict their behavior. Understanding these rules is key to making smart investments.
  2. The energy sector is currently undergoing significant changes. It's important to stay updated on these shifts to find good investment opportunities.
  3. There are four main ways to invest in energy. Each method has different risks and rewards, so it’s crucial to evaluate them carefully before deciding.

In Search of a Steady State: Inflation, Interest Rates and Value

Musings on Markets • 679 implied HN points • 11 May 22
💰 Finance Inflation Interest Rates Investment Economics Market Trends
  1. Inflation has become a major issue for the economy, causing instability in markets with unpredictable effects on stock prices. Understanding inflation's impact is important for making investment decisions.
  2. As inflation rises, interest rates also climb, leading to increased borrowing costs and affecting how risky investments are perceived. This creates uncertainty for investors about how to respond.
  3. There are different potential outcomes for the economy based on inflation trends, ranging from a quick stabilization to severe recession risks. Investors need to adapt their strategies depending on which scenario seems more likely.

Checking in on Chinese lending to developing countries

Klement on Investing • 4 implied HN points • 29 Jan 26
💰 Finance Sovereign debt Emerging Markets International Finance Credit Risk
  1. China’s net lending to developing countries has reversed since about 2019, so it now receives more in debt repayments than it issues in new loans.
  2. China remains a major financier for low-income countries, but slower Chinese growth and smaller surpluses have sharply reduced the flow of new loans.
  3. The credit quality of borrowers has deteriorated to roughly CCC+, making it more likely China will accept commodities or asset swaps and gain control of infrastructure when borrowers can’t repay.

An Inflation Follow Up: The Disparate Effects on Companies

Musings on Markets • 659 implied HN points • 20 May 22
💰 Finance Investing Markets Economics Asset Classes Risk management
  1. Inflation affects companies differently, with some benefiting and others struggling. Investors are on the lookout for companies that can handle high inflation better.
  2. Companies with strong pricing power, low costs, and stable earnings tend to perform better during times of inflation. It's important for these companies to keep debts low and have short-term investment options.
  3. Historical trends show that small-cap and value stocks often outperform in high inflation periods. In 2022, stocks with solid cash flows and dividends have held their value better than riskier, money-losing companies.

How to Analyze an Income Statement

Concepts of Finance 🧠 • 219 implied HN points • 06 Jul 23
💰 Finance Accounting Investing Corporate Finance Financial Analysis
  1. An income statement shows how well a company is doing by detailing its revenue, expenses, and net income over a period. It's important because it helps you understand if a company is making a profit or losing money.
  2. Gross profit margin is a key metric to analyze. It reveals whether the company is profitable on the products it sells, and a stable or rising margin is a good sign.
  3. When reading an income statement, look for trends over time, check revenue directions, and ensure expense categories make sense. This can highlight the company's overall health and performance.