Subscribe
Sign in
Home
Invest with Jon
Disclaimer
Monthly Recap
Archive
About
Latest
Top
Discussions
Nobody Knows Anything
This week, every news organization wrote a headline that said something like, “ Anthropic Researchers Believe More Than 10% Chance AI Kills Us All.”
3 hrs ago
•
Jonathan Swanburg
1
3
Sequence of Return Risk
Why Order Matters More Than Averages
Sep 4
•
Jonathan Swanburg
4
2
August 2026
The Market Went Up. It Also Got Cheaper. Here's How.
Sometimes it may feel like the stock market is going up because we’re in a bubble where everything is getting irrationally more expensive. But this…
Aug 28
•
Jonathan Swanburg
3
1
Remembering Why We Own Bonds
While stocks of all shapes and sizes have experienced double-digit returns this year, bonds lost 0.69% through July.
Aug 21
•
Jonathan Swanburg
3
1
Your Portfolio Doesn't Care Who Wins
We’re less than three months away from midterm elections, and since nothing inspires people to make terrible investment decisions like their political…
Aug 14
•
Jonathan Swanburg
3
2
Situational Awareness
Leopold Aschenbrenner enrolled at Columbia at 15 and graduated valedictorian at 19 with a B.A.
Aug 7
•
Jonathan Swanburg
3
2
July 2026
Different Incentives, Different Advice
When I listen to people talk about their investment strategies, it seems that a lot of them take advice from people with incentives very different from…
Jul 31
•
Jonathan Swanburg
3
2
When Society Gets Margin Called
“History never repeats itself. Man always does.” – Voltaire
Jul 24
•
Jonathan Swanburg
3
2
Trump Accounts: Take the Free Money, But . . .
They're not as revolutionary as a Roth IRA.
Jul 17
•
Jonathan Swanburg
2
3
Jim Rogers & The Only Way to Make Money Off Pessimism (Updated for 2026)
“Tell people what they want to hear, and you can be wrong indefinitely without penalty.” – Morgan Housel
Jul 10
•
Jonathan Swanburg
6
2
Two Years Too Early
When I moved these weekly notes to Substack two years ago, my first email was about the difficulty of timing trend reversals. I started by highlighting…
Jul 3
•
Jonathan Swanburg
2
3
June 2026
Search For the Infinite Money Glitch
There are so many interesting stories in the financial world right now, but my favorite continues to be MicroStrategy’s quest to unlock the infinite…
Jun 26
•
Jonathan Swanburg
4
4
This site requires JavaScript to run correctly. Please
turn on JavaScript
or unblock scripts
