Heretic Speculator
Heretic Speculator

Heretic Speculator

I want this blog to be a resource where you can find insights that will help you develop your own process for valuing risk assets. Beyond that, there is no box that Heretic Speculator can be put in and that’s very much by design


Stonks up, Bitcorns up, Oil up, Gold up, Yields up, Dollar... up?

16 Sep 2023 2 minute read 0 comments Faybomb

Everything was up Thursday. In my non-traditional finance bro experience, that’s fairly unusual. In the past, we’ve generally seen some of those assets have an inverse correlation. For example, here’s the dollar index overlayed with gold futures goin...

The Legend of Stoner Cats

14 Sep 2023 7 minute read 0 comments Faybomb

There’s a huge difference in who we are internationally. Let them be fooled in America and think there’s a competition there. ‘Cause America can be purchased. You can buy it with marketing dollars. Any guesses as to who said that? How about what th...

Visa x Solana: Big Deal or Nah?

7 Sep 2023 3 minute read 0 comments Faybomb

Originally posted at faybomb.substack.com It’s been a tough year for Solana (SOL-USD). After what feels like roughly a half dozen network stoppages over the last year or two, things really unraveled for SOL holders when FTX collapsed last November....

The Big Short 2.0?

6 Sep 2023 4 minute read 0 comments Faybomb

This post was originally shared through faybomb.substack.com There are just three “Wall Street” movies that I absolutely recommend. The list might be surprising. Not because of what is present on the list, but because of what is not present. Here it...

Burgers, Batman, and A Freakish Clown

16 Aug 2023 4 minute read 1 comment Faybomb

This post was originally published on Faybomb.Substack.com My daughter, who is growing like a friggin’ weed, is in-between Pre-K and Kindergarten. For one week and one week only (this week), she and I are hanging out while mom is at work. The week i...

Can’t Knock The Hustle

11 Aug 2023 4 minute read 1 comment Faybomb

This article was originally posted at Faybomb.Substack.com. PayPal has entered the crypto arena with a new stablecoin and Zcash is at a crossroads. I don’t like PayPal PYPL -1.05%↓ . It’s why I deleted my account long before doing so was trending on...

Rate Limit Exceeded: When Nostr Met Bitcoin

6 Jul 2023 5 minute read 0 comments Faybomb

Twitter is an absolutely fascinating real time case study. Over the weekend, many users (including yours truly) experienced what I can only describe as one of the strangest messages I’ve seen on the site before; “rate limit exceeded,” or in normal pe...

'Goldman Gary' Must Go

5 Jul 2023 6 minute read 0 comments Faybomb

This post was originally published at faybomb.substack.com on March 4th, 2023.  Gary Gensler is a problem. He's on a selfish crusade for political points that will end with the United States losing economic relevance if Congress doesn't rein him in....

Audius x Prime Trust: Shades of Alameda Research

30 Jun 2023 3 minute read 0 comments Faybomb

Crypto has yet another centralized custodian that has been having issues in recent weeks. Don’t worry, no stadium naming rights agreements are in jeopardy this time around. That said, there are some unfortunate similarities between what is currently...

Crypto vs SEC: The Chips are Pushed In

12 Jun 2023 5 minute read 0 comments Faybomb

It’s been a strange couple weeks. Since my last post on May 31st, the plot has thickened in the crypto vs US regulators war. Despite my silence online, I’ve been keeping up with the news the best I can. The challenge with publicly opining on it all w...