Random Walk
Moses Sternstein"A multidisciplinary cast of mind . . . with a yen for synthesis." - Charlie Munger (about himself, not Random Walk)
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 766 | Founded | 5 years ago | Last Issue | 5 days ago |
| Active | |||||
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therandomwalk.coLatest Issues
Old Folks Getting Ripped Off
Plus, Eruope’s AI Fade, and some rambling thoughts and data on the AI jitters
cyber takes it to another level and old folks getting scammed;
Four Idea Friday: It’s All Priced In
Markets aren’t surprised by fundamentals, anymore; Housing “Shortage” vibes throwing in the towel; marginal buyer of treasuries; BNPL season is nigh
musing on the mood swings and the lack of “fundamental” surprise in markets (and why that’...
Is This Cycle Different? The People Wanna Know
The trillion dollar setup; some charts for AI cheer; of cultural malcontents; Against Dual Mandatism
is this cycle different? that’s the trillion dollar question
The AI Jitters (and three grimmer interventions)
An AI non-cause for worry, followed by causes for worry abroad, nearby, and everywhere
the AI Jitters (again)
A Consoomer Mystery(?)
Reconsidering wealth effects, and other things
the canonical take on 2026
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Authors
The writers behind this newsletter.
Going LONG curiosity. 10+ years working with private and public market investors (and everything in between). Builder of fintech. Builder of proptech, Ex-Big Law.
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