A ton of tech issues with this one, sorry everyone. Definitely my last one using Substack Live - it may be convenient, but it is inflexible and unreliable. The initial link crashed, for some reason recording started late on the new one I spun up, and that’s just scratching the surface.
Still, it was a great conversation, and Michael was as gracious and interesting as ever.
I first came across Michael’s work via his book Capital Wars, a few years ago now – I settled down in the armchair, highlighter in hand, and it is still one of my most marked-up physical books on the shelf.
And since then I’ve had the pleasure of having my market views often clarified by Michael’s posts and charts, my thoughts condensed, some of them gently corrected – in sum, the learning does not stop, and nor does Michael’s output.
In this chat, we discuss that output – not liquidity or market outlooks or the FOMC press conference. No, the purpose of the Press Publish series is to find out more about how newsletter writers I admire do what they do.
So much attention is on the content in top newsletters, as it should be, it’s where the value lies.
But we overlook the craft that goes into producing that content – the work, the stress, the satisfaction – and in so doing, we fail to fully appreciate the result. We tend to take the production itself for granted, we assume great content just magically appears, and so I want to dive deeper into how it gets made.
I’m sure we can all take away some of the lessons from this series and apply them to our own work and our own interests, whatever they may be.
DISCLAIMER: Neither myself nor my guests give trading ideas, and nothing we say is investment advice! I hold some BTC, ETH and a tiny amount of some smaller tokens, but they’re all long-term holdings – I don’t trade.
