Be Water
Multiflation • Choice, Not Chance • Investing • Process • Macroeconomics • Financial & Economic History
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 66 | Founded | 2 years ago | Last Issue | 5 days ago |
| Active | |||||
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bewaterltd.comLatest Issues
Are Index Funds Communist?
Series Table Of Contents
Previously: HyperMarkets
Read Part I: HyperMarkets
The Silent Road To Serfdom
A decade ago, deep in the lull of Wall Street’s late-August doldrums—when trading desks were thinly staffed and the financial wor...
HyperMarkets
Series Table Of Contents
Previously: Alchemy Of Risk
The Goatse Singularity
In 2024, an autonomous AI agent known as truth_terminal began posting deranged, semi-mystical riffs on the obscure early-internet meme “Goatseus Maximus.” By...
Value In The Age Of AI Technocracy
Series Table Of Contents
Previously: Value, Money, & Macro
The past is never dead. It’s not even past.
—William Faulkner, Requiem for a Nun
The Crash of 1929. A Depression-era investing genius. A long-forgotten utopian movement. The go...
Value: Continuum Of Force
Series Table Of Contents
New to our Value Investing series? Start here: Ben Graham Was Wrong.
This series will prove uncomfortable reading for anyone who has built an identity around being a value investor, not least of all ourselves. Thi...
The Vampire Economy's War On Capital
How strangely will the tools of a tyrant pervert the plain meaning of words!
—Samuel Adams
Previously: Financial Repression
The greatest trick the modern financial system ever pulled was convincing us that we are still playing by the ol...
Key Facts
Audience Metrics
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| Subscribers | Engagement | 75 | Monthly Web Visits | ||
|---|---|---|---|---|---|
| Accepts Sponsors | Estimated Cost per Ad | ||||
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Authors
The writers behind this newsletter.
Multiflation • Choice, Not Chance • Process • Markets • Economics Macro ↔ Micro • History • Philosophy • Incentives, Governance, & Dark Arts • Special Situations • Dislocations • Entrepreneurship • AI
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