Professional Trader Will Sell Early on Catalyst, And Why He's Right
If you've been through multiple pump-and-dump cycles, you're not early. You're just still here. Why cannabis stocks trade on plumbing, not fundamentals.
First Principles · March 24, 2026
You're Thinking About Debt Wrong
Debt isn't the problem — the terms are. If your margins beat your cost of capital, you're not borrowing to survive, you're borrowing to win.
First Principles · December 10, 2025