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SNAFU Investing with Lau Vegys

Lau Vegys

Nothing works the way it's supposed to — and everyone pretends it does. It's the SNAFU world. Essays on money, markets, and the unraveling West — plus stock picks, real-time alerts, and a live portfolio, always one click away.

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PricingFreemiumPublishesDaily
Issues45Founded2 years agoLast Issue6 days ago
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Latest Issues

The U.S. Has a Plan for the Next Yen Rescue. You're Funding It.

Last week, I wrote to you about the operation in which the United States and Japan went into the currency market together to prop up the falling yen, the first coordinated action of its kind since 1998.

Japan reportedly put in around $75 b...

6 days ago
67
12

I Had Cake at a Yugoslav Dictator’s House

Lau here, writing from Slovenia.

Most of my week is work, and my family made peace with that a long time ago. But Sundays I try to get everyone out of the house and go and look at something. This Sunday it was Lake Bled.

It’s a small lake...

8 days ago
37
9

The Government Just Asked for Another $739 Billion in Debt. For One Quarter.

If you needed any more evidence of just how far gone the U.S. government’s finances are, look no further than the Treasury’s own latest projections.

You may have already seen the headlines.

Source: Reuters

The number comes from a Treasur...

10 days ago
74
21

One Winner, One Rough Day, and the Opportunity in It

One up 25%, one down double digits on the day. Here's what I'm doing.

Dear Reader,

11 days ago
35
6
Paid

The Photograph That Bailed Out the Yen

So late last month, Treasury Secretary Scott Bessent walked past a huddle of photographers in Washington carrying a folder with a handwritten note clipped to the front. A Reuters camera caught it at just the right angle. A few words and a n...

13 days ago
65
12

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  • Lau Vegys

    Husband, father of three, allocator of capital, and sometime expat. Raised in the Soviet Union - which is probably why I don't trust governments with anything, especially your money. I used to edit Doug Casey's Crisis Investing.

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