Forget Stocks — Why Buffett’s Using “Paycodes” Instead

Fellow Investor,

As you may have read in the news, Warren Buffett is refusing to buy new stocks. 

Given all the chaos in the markets, he’s decided to sit tight on his $344 billion in cash.

But there’s one investment he’s still making…

Because it pays out up front, and doesn’t tie up his capital.

It’s called a “paycode.”



It’s a string of characters that Buffett sends to the market — and once it’s received, the markets send back a payout of cash, fast.

Buffett has been using this investment strategy for decades, including a now-infamous investment he made in Coca-Cola way back in 1993.

Instead of buying thousands and thousands of shares in Coca-Cola (NYSE:KO), Buffett chose to use a “paycode” instead.

As one analyst put it at the time, it only took him “two minutes” to complete the trade…

And he was rewarded with millions, paid right up front in his trading account. 

He even wrote about it in his annual letter to Berkshire Hathaway shareholders that year (and he’s written about it many years since).

We’re using the same strategy…

And this is your chance to join us.

The reason I’m writing to you today is because I’m convinced “paycodes” remain the best investment to use in any market — especially during volatile and uncertain times like we’re seeing right now.

Master trader Jim Fink has spent the last 30 years using this strategy to make money.

Just like Buffett, he’s used it again… and again… because it works.

“Paycodes” transformed his trading account from $50k (when he first started) to $5.3 faster than he ever thought possible.

And they continue to generate up-front cash to this day.

Every single Thursday the market’s open, in fact.

Find out what “paycodes” are the best investing strategy to use during these troubling times — and why, thanks to Jim Fink, it only takes a few minutes a week to put them to work for you.


Roger Michalski
Publisher, Eagle Financial Publications

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Which Stock Will the White House Buy Next?

 TechnicalTradingCatch market breakouts early with concise analysis, targeted strategies, and timely insights.Which Stock Will the White House Buy Next? – Ad

Insiders in Washington have already bought massive stakes in three tiny resource firms, driving them up as much as 200% overnight. Now, the man who recommended MP Materials before the White House bought (making 100% for his followers) is naming the next stocks he believes the government will target. Get the names and tickers right here – free of charge.Tesla Hits Ceiling In China? 2025 Sales Slump Could Mark A First For EV Giant

Tesla’s struggles in China have been well documented in 2025. The company is staring at the strong certainty of a sales decline in the country for the year. Continue reading ➔The Next Biggest Bull Run In Over 50 Years – Ad

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More than 18,000 Amtrak workers will receive a $900 bonus before the end of the year, the U.S. Department of Transportation announced on Thursday evening.  Continue reading ➔Roivant Signals Major Pipeline Momentum With Accelerated Timelines

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Get The Top StocksBy clicking the link above you will automatically opt-in to receive emails from MarketHundred and agree to Privacy PolicyInteractive Brokers Now Lets Retail Investors Fund Accounts With Stablecoins

Interactive Brokers (IBKR) adds stablecoin funding for U.S. customers, blurring the lines between traditional finance and crypto. Continue reading ➔Cathie Wood Dumps $11.6 Million Worth Of Tesla Stock: Here Is What Ark Purchased Instead

On Wednesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. (NASDAQ:TSLA), Coinbase Global Inc. Continue reading ➔Generate up to $5,000/month with 10X less money? – Ad

Most people think they need $1.5 million to generate $5,000 per month in retirement. That’s what every financial advisor tells you. But I just discovered a new way to do it with 10X less money. Now, anyone can hit their retirement goals with thousands, not millions. Discover more hereRivian’s AI Turn VS. Lucid’s Uber Alliance: Robotaxi Race For Second-Place

Rivian and Lucid are selling two different versions of the robotaxi dream in the race for second-place after Tesla. Continue reading ➔Senator Buys Coca-Cola, Hershey’s Stock After Selling Magnificent Seven Stocks In 2025

A U.S. senator has bought three new stocks in November, his first buys in 2025. Here’s the stocks he bought. Continue reading ➔Trump Confirms US Seized ‘Largest’ Oil Tanker Off Venezuela’s Coast: Nicolás Maduro’s Government Calls It ‘Blatant Theft’ And Piracy

Trump boasts of record-breaking tanker seizure off Venezuela coast, sparking condemnation from Maduro’s government and Cuba. U.S. plans to keep tanker. Continue reading ➔Social Security Rules Get A 2026 Rewrite — What It Means For Your Wallet

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Elon Musk takes a swipe at Alphabet’s Waymo as the company announces 14 million paid Robotaxi rides in 2025. Continue reading ➔

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♟ One of The Best Trades I Ever Made (1,130% Winner)

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“When you do follow the price action, sometimes you ‘get lucky.'”

Nate Bear, Lead Technical Tactician, Monument Traders Alliance 

Editor’s Note: We’re less than 1 week away from Nate Bear’s “3-Day Trading Challenge.”

Nate has never done anything like this before.

He’s hosting a competition where you can trade alongside him for three straight days.

And if your skills measure up, you’ll have the chance to win over $50,000 in prizes.

The event is completely free to join.

Click here to sign up today.

– Stephen Prior, Publisher


Nate Bear

Dear Reader,

1,130%.

That was the number that scrolled across my screen after I sold shares on B. Riley Financial (RILY) back in April of 2024.

It was one of my biggest winners ever, turning $65 into $800 in just two days, live in my Daily Profits Live Trading Room.

So what exactly caused the move, and how can you prepare to take advantage of plays like this in the future?

That’s what I’ll be discussing with you today.

The Trade Setup

Before I got positioned on RILY, the market was picking up momentum after some oversold conditions. And I was looking for some stocks that had the potential to squeeze.

One of the main reasons RILY caught my attention is because the stock had a heavy short interest.

At the time I placed the trade, the short interest in RILY was 75%. After a recent monster rally, it has come down to 65%.

Let’s break it down step by step.

Short Interest: In the stock market, when someone believes that a particular stock’s price will decrease, they can engage in what’s called “short selling.” Here’s how it works: 

  • They borrow shares of a stock from someone who owns it (typically through their broker).
  • They sell these borrowed shares on the market at the current price, hoping to buy them back later at a lower price.
  • If the price does indeed drop, they buy back the shares at the lower price and return them to the lender, pocketing the difference as profit.

High Short Interest: This simply refers to a situation where a large number of investors are engaging in short selling for a particular stock. So, a stock with high short interest means that there are many investors betting that its price will go down.

Short Squeeze: Now, imagine the opposite happens – instead of the stock price going down, it starts going up. When this occurs, it puts pressure on short sellers.

Here’s why:

As the stock price rises, short sellers start losing money because they sold shares at a lower price and need to buy them back at a higher price to return them.

Short sellers may start feeling the heat if the stock price rises significantly. They might cut their losses and buy back the shares they borrowed before the price goes even higher.

When many short sellers rush to buy back shares to cover their positions (known as “covering their shorts”), it creates additional demand for the stock, further driving its price up.

This sudden surge in buying activity, especially from short sellers trying to exit their positions, can lead to a rapid increase in the stock’s price, called a short squeeze.

If you don’t know the story, RILY has been under attack by short sellers, alleging the company committed fraud.

The stock declined from its last year’s high of $91.24 down to a low of $14.26 in February.

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So what caused the spike?

The company filed its annual report, it showed minimal adjustments to its financial numbers. More importantly, the company confirmed by a second law firm, there was no wrongdoing.

That news sent the shorts scrambling, pushing it to a high of $35 yesterday.

Below you can see my pre-market plan I posted in the Daily Profits Live Trading Room:

Last Word

It’s hard to trade successfully if you come in with a bias. RILY was attacked by shorts for months. However, I let the price action and the chart dictate whether or not I should take a position.

As retail traders, we don’t have access to the same information as the pros on Wall Street. That’s why it’s critical that we base our decisions on price action.

For example, I had no clue that RILY would be releasing their annual report yesterday, but on a risk vs. reward basis, the trade made sense to me.

When you do follow the price action, sometimes you “get lucky.” I can’t tell you how many times I have bought call options on a strong chart, only to see the next day the company catches an upgrade from a Wall Street firm, sending the stock soaring.Logo

YOUR ACTION PLAN

Trades like RILY are possible for every trader when they know what to look for, and I’m going to show you how to start finding buy opportunities like RILY starting next week.

It’s part of my “3-day Trading Challenge,” where the first place winner of my paper trading contest will win $2,500 in cash.

I’ve never done anything like this before, and I think it’s going to be a lot of fun.

Click here to sign up for FREE today.


FUN FACT FRIDAY

New Highs and Sector Rotations: The S&P 500 and Dow both hit fresh closing records this week, even as the tech-heavy Nasdaq slipped.

The highs came as investors shift money away from tech and into sectors tied to the broader economy, with sectors like financials, materials, industrials and some consumer names are all doing more heavy lifting.

To see how we’re trading this sector cycling, click here to join The War Room.


INSIGHTS YOU MAY HAVE MISSED

From Tariff Hoarding to Chart Collapse: Why Best Buy’s About to Fall 15%

How I’m Trading the “Underappreciated 493”

Ahead of the Fed’s Decision, Here’s What I’m Looking

The End of Mag 7? How to Play It

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Click here to learn more about this game-changing opportunity.Monument Traders Alliance

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Important AI Bubble Warning

Brownstone Research

Dear Bleeding Edge Reader,

If you’re worried that AI is in a bubble, please listen carefully.

Over the past 18 months, I’ve traveled through America’s heartland, visiting data centers in Iowa, Wisconsin, Virginia, and more.

I went to xAI’s new AI facility in South Memphis — which powers Grok.

I’ve been to D.C. to meet with policymakers…

And more.

I’ve discovered that we’re on the cusp a new, much more powerful AI — something insiders call the “Holy Grail.”

It’s set to go “live” in early 2026…

And if you think the gains we saw from ChatGPT’s launch were big, get ready.

This could be on a whole other level.

I’m sharing all the details on December 18, at 8 p.m. ET, in an urgent briefing called: America Unleashed 2026: Five Years of Economic Growth in the Next 12 Months.

Click here to register for free with one click.
(When you click the link, your email address will automatically be added to my guest list.)

I’m not talking about a new chatbot… agentic AI… or anything you’re hearing about.

This is MUCH bigger.

It’s the version of AI that transforms this technology from the world of chatbots into the most powerful growth driver America has ever seen.

It’s predicted to create an economic “big bang.”

Some are predicting 20% to 30% GDP growth.

Yes…

In the coming weeks, this breakthrough could trigger GDP growth 10 times higher than “normal.”

Bottom line: Not only is this the biggest AI breakthrough yet… it’s potentially the biggest tech breakthrough of my three-decade career.

And we have one chance to get ahead of it.

You’ll get all the details during my event — including access to a top pick to buy now.

Just click here to register instantly.

Sincerely,

Jeff Brown
Founder & CEO, Brownstone Research

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🌎 Tesla Sold, CoreWeave Sold, Pacira BioSciences Sold and more…

InsiderTrades.com Newsletter

Insider Trades for Tesla, CoreWeave, Pacira BioSciences, AST SpaceMobile, ServiceTitan, CrowdStrike and more…VIEW LATEST INSIDER TRADESDecember 12th, 2025 | Unsubscribe

image for On Jan. 6, Nvidia makes its next big move

On Jan. 6, Nvidia makes its next big move (ad)Nvidia has become the world’s first $5 trillion company — and with the AI leader heading into the Consumer Electronics Show on Jan. 6, investors are watching closely for CEO Jensen Huang’s next major announcement. Nvidia often uses CES to unveil new partnerships and expansions, and this year’s reveal could send not only Nvidia’s stock higher, but also a select group of little-known companies working alongside them. With Nvidia now pivoting toward two breakthrough technologies worth more than $24 trillion, a handful of its quiet collaborators may be positioned for explosive gains — starting the moment CES opens.

See the companies poised to benefit on Jan. 6.Today’s Top StoriesRyder Taps Veteran Insider As Next CEO, Stock SlidesInsiders At Cloudflare Sold US$17m In Stock, Alluding To Potential WeaknessThese 5 stocks could move before Wall Street catches on (from TradingTips)Krystal Biotech And 2 Other Growth Stocks Insiders Are Betting OnGlobal Growth Companies Insiders Favor With Up To 49% Earnings GrowthGenesis Ordered to Redo Auction As Judge Rejects Insider BuyoutHow Securities Lawsuits And Insider Buying At Avantor (AVTR) Have Changed Its Investment StoryHow to target 4X returns  (from ProsperityPub)Insider Selling: Denson Franklin III Unloads $196K Of Vulcan Materials StockAmgen Insiders Sell US$15m Of Stock, Possibly Signalling CautionInsider Unloading: Bradley J Pogalz Sells Options, Realizes $64KInsiders Are Selling These 3 Stocks—Here’s WhyQuick Links

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image for This week's 20x (missed it?)
image for Who are Nvidia’s “Unauthorized” Silent Partners?

HOTTEST AI investment opportunity out there (ad)A rare second chance at life-changing gains may be unfolding right now. One analyst says he’s found an “AI Wonder Stock” with upside potential comparable to early Microsoft — but on a much shorter timeline. While nothing is guaranteed, his research suggests this little-known company could deliver a powerful wealth surge over the next 18–24 months as AI demand accelerates. And with the stock still trading at what he calls “bargain levels,” early movers may have a brief window to act before Wall Street catches on.

Get the name and ticker in his free special report.

Recent U.S. Insider BuyingCompanyInsider NameBuy/SellSharesTotal TransactionTransaction DateCurrent PriceSEC FilingASA 
ASA Gold and Precious MetalsSaba Capital Management, L.P. Major ShareholderBuy10,397 shares @ $54.09$562,373.7312/10/2025$57.71CE 
CelaneseChuck Kyrish CFOBuy5,000 shares @ $41.03$205,150.0012/9/2025$43.32GPN 
Global PaymentsRobert H B Baldwin Jr DirectorBuy3,000 shares @ $80.25$240,750.0012/10/2025$81.69GPN 
Global PaymentsRobert H B Baldwin Jr DirectorBuy10,392 shares @ $81.42$846,116.6412/11/2025$81.69HYMC 
Hycroft MiningEric Sprott Major ShareholderBuy300,000 shares @ $11.74$3,522,000.0012/9/2025$13.13HYMC 
Hycroft MiningEric Sprott Major ShareholderBuy60,000 shares @ $11.64$698,400.0012/10/2025$13.13HYMC 
Hycroft MiningEric Sprott Major ShareholderBuy120,000 shares @ $12.36$1,483,200.0012/11/2025$13.13KYMR 
Kymera TherapeuticsBros. Advisors Lp Baker DirectorBuy2,005,813 shares @ $86.00$172,499,918.0012/11/2025$87.41MDRR 
Medalist Diversified REITFrank Kavanaugh CEOBuy70,000 shares @ $14.71$1,029,700.0012/10/2025$13.11NRDY 
NerdyCharles K Cohn CEOBuy176,215 shares @ $1.44$253,749.6012/9/2025$1.38NRDY 
NerdyCharles K Cohn CEOBuy174,947 shares @ $1.40$244,925.8012/10/2025$1.38RMR 
The RMR GroupTremont Realty Capital Llc Major ShareholderBuy2,015,748 shares @ $8.65$17,436,220.2012/11/2025$15.75SEVN 
Seven Hills Realty TrustTremont Realty Capital Llc Major ShareholderBuy2,015,748 shares @ $8.65$17,436,220.2012/11/2025$9.62SEVN 
Seven Hills Realty TrustAdam D Portnoy DirectorBuy2,015,748 shares @ $8.65$17,436,220.2012/11/2025$9.62TPVG 
TriplePoint Venture Growth BDCJames Labe CEOBuy27,200 shares @ $6.78$184,416.0012/10/2025$6.64TPVG 
TriplePoint Venture Growth BDCJames Labe CEOBuy24,590 shares @ $6.69$164,507.1012/11/2025$6.64TPVG 
TriplePoint Venture Growth BDCSajal Srivastava InsiderBuy27,200 shares @ $6.78$184,416.0012/10/2025$6.64TPVG 
TriplePoint Venture Growth BDCSajal Srivastava InsiderBuy24,590 shares @ $6.69$164,507.1012/11/2025$6.64WEST 
Westrock CoffeeScott T Ford CEOBuy100,000 shares @ $4.14$414,000.0012/10/2025$4.61This week’s 20x (missed it?) (ad)Less than 0.2% of investors know this market exists…

There’s a hidden market where crypto trades at 80-95%cheaper than mainstream exchanges. It’s called the “Native” Markets, and it’s how every crypto millionaire has made their fortune. Don’t buy at the top – get in before retail even knows:

Click here for the FREE guide on how it’s done.

Recent U.S. Insider SellingCompanyInsider NameBuy/SellSharesTotal TransactionTransaction DateCurrent PriceSEC FilingABNB 
AirbnbNathan Blecharczyk InsiderSell39,806 shares @ $120.22$4,785,477.3212/3/2025$129.22ACNB 
ACNBDonald Arthur Seibel Jr DirectorSell5,000 shares @ $51.00$255,000.0012/11/2025$51.26ADI 
Analog DevicesMichael Sondel CAOSell8,169 shares @ $278.03$2,271,227.0712/10/2025$280.79AGX 
ArganJames W Quinn DirectorSell1,000 shares @ $328.04$328,040.0012/10/2025$318.75AL 
Air LeaseSteven F Udvar-Hazy DirectorSell2,800 shares @ $64.06$179,368.0012/9/2025$64.07AL 
Air LeaseSteven F Udvar-Hazy DirectorSell18,000 shares @ $63.95$1,151,100.0012/10/2025$64.07AL 
Air LeaseSteven F Udvar-Hazy DirectorSell36,000 shares @ $63.99$2,303,640.0012/10/2025$64.07AL 
Air LeaseSteven F Udvar-Hazy DirectorSell48,000 shares @ $63.96$3,070,080.0012/11/2025$64.07ALMU 
AelumaMark N Tompkins Major ShareholderSell30,000 shares @ $16.82$504,600.0012/9/2025$17.94ALMU 
AelumaMark N Tompkins Major ShareholderSell20,000 shares @ $17.49$349,800.0012/10/2025$17.94AMT 
American TowerTower Corp /Ma/ American Major ShareholderSell2,288,621 shares @ $69.75$159,631,314.7512/9/2025$180.92ANDE 
AndersonsJohn T Stout Jr DirectorSell12,500 shares @ $51.77$647,125.0012/10/2025$53.97ASTS 
AST SpaceMobileTower Corp /Ma/ American Major ShareholderSell2,288,621 shares @ $69.75$159,631,314.7512/9/2025$77.82BDC 
BeldenJonathan C Klein DirectorSell3,000 shares @ $124.19$372,570.0012/11/2025$122.96BIOA 
BioAge LabsPaul D Rubin InsiderSell18,000 shares @ $12.00$216,000.0012/9/2025$12.99BRC 
BradyBrett Wilms InsiderSell3,791 shares @ $78.13$296,190.8312/10/2025$80.10CBLL 
CeriBellWilliam W Burke DirectorSell32,728 shares @ $22.02$720,670.5612/9/2025$20.95CCB 
Coastal FinancialSteven D Hovde DirectorSell3,000 shares @ $117.25$351,750.0012/10/2025$114.27CNK 
CinemarkMelissa Thomas EVPSell22,082 shares @ $24.81$547,854.4212/10/2025$24.59CRD.A 
Crawford & CompanyRohit Verma CEOSell125,414 shares @ $11.00$1,379,554.0012/11/2025$11.34CRD.B 
Crawford & CompanyRohit Verma CEOSell125,414 shares @ $11.00$1,379,554.0012/11/2025$10.46CRS 
Carpenter TechnologyBrian J Malloy COOSell43,688 shares @ $304.45$13,300,811.6012/10/2025$321.96CRS 
Carpenter TechnologyBrian J Malloy COOSell27,640 shares @ $305.60$8,446,784.0012/9/2025$321.96CRS 
Carpenter TechnologyBrian J Malloy COOSell4,130 shares @ $303.52$1,253,537.6012/11/2025$321.96CRWD 
CrowdStrikeSameer K Gandhi DirectorSell1,879 shares @ $527.51$991,191.2912/9/2025$505.39CRWV 
CoreWeaveBrannin Mcbee InsiderSell63,835 shares @ $83.80$5,349,373.0012/8/2025$81.68DASH 
DoorDashTony Xu CEOSell16,667 shares @ $230.00$3,833,410.0012/9/2025$228.77DCO 
DucommunJerry L Redondo VPSell2,000 shares @ $92.86$185,720.0012/10/2025$95.36DELL 
Dell TechnologiesEgon Durban DirectorSell71,000 shares @ $138.12$9,806,520.0012/9/2025$131.42DLB 
Dolby LaboratoriesKevin J Yeaman CEOSell34,367 shares @ $67.08$2,305,338.3612/9/2025$67.71DT 
DynatraceDan Zugelder EVPSell7,505 shares @ $45.27$339,751.3512/10/2025$46.14ENTG 
EntegrisJames P Lederer DirectorSell2,008 shares @ $92.84$186,422.7212/10/2025$91.75EPAM 
EPAM SystemsBoris Shnayder SVPSell5,000 shares @ $207.00$1,035,000.0012/10/2025$208.76EQH 
EquitableWilliam James Iv Eckert CAOSell4,300 shares @ $47.27$203,261.0012/10/2025$48.41EWBC 
East West BancorpParker Shi COOSell8,844 shares @ $115.03$1,017,325.3212/11/2025$112.81GATX 
GATXAken Jennifer Van SVPSell1,800 shares @ $164.15$295,470.0012/10/2025$169.43GEF 
GreifBala Sathyanarayanan EVPSell7,000 shares @ $66.62$466,340.0012/10/2025$68.06GKOS 
GlaukosGilbert H Kliman DirectorSell5,000 shares @ $107.27$536,350.0012/9/2025$109.55HPE 
Hewlett Packard EnterpriseJohn F Schultz EVPSell21,007 shares @ $23.70$497,865.9012/9/2025$24.03HPE 
Hewlett Packard EnterpriseJohn F Schultz EVPSell148,501 shares @ $24.99$3,711,039.9912/10/2025$24.03HPE 
Hewlett Packard EnterpriseJeremy Cox SVPSell50,061 shares @ $23.70$1,186,445.7012/9/2025$24.03HPE 
Hewlett Packard EnterpriseJeremy Cox SVPSell13,442 shares @ $24.75$332,689.5012/10/2025$24.03HRTG 
Heritage InsuranceErnie J Garateix CEOSell7,000 shares @ $28.36$198,520.0012/9/2025$29.28IOT 
SamsaraDominic Phillips InsiderSell8,231 shares @ $44.46$365,950.2612/10/2025$41.10IOT 
SamsaraAdam Eltoukhy InsiderSell9,498 shares @ $44.45$422,186.1012/10/2025$41.10IRD 
Opus GeneticsFighting Blindness Foundation DirectorSell4,000,000 shares @ $2.15$8,600,000.0012/9/2025$2.39JAZZ 
Jazz PharmaceuticalsMary Elizabeth Henderson SVPSell2,238 shares @ $169.51$379,363.3812/9/2025$167.62JBTM 
JBT MarelOlafur S Gudmundsson DirectorSell10,000 shares @ $150.09$1,500,900.0012/10/2025$154.52JLL 
Jones Lang LaSalleChristian Ulbrich CEOSell5,000 shares @ $330.87$1,654,350.0012/10/2025$331.27KEYS 
Keysight TechnologiesJohn Page SVPSell15,000 shares @ $213.48$3,202,200.0012/10/2025$209.68KEYS 
Keysight TechnologiesSatish Dhanasekaran CEOSell4,230 shares @ $211.43$894,348.9012/9/2025$209.68KN 
KnowlesJeffrey Niew CEOSell25,000 shares @ $24.00$600,000.0012/10/2025$23.08KSS 
Kohl’sJill Timm CFOSell10,000 shares @ $24.00$240,000.0012/10/2025$23.66KVYO 
KlaviyoAndrew Bialecki CEOSell131,362 shares @ $29.42$3,864,670.0412/9/2025$29.83KVYO 
KlaviyoAndrew Bialecki CEOSell82,223 shares @ $30.12$2,476,556.7612/10/2025$29.83KVYO 
KlaviyoAndrew Bialecki CEOSell17,777 shares @ $30.00$533,310.0012/11/2025$29.83LARK 
Landmark BancorpPatrick L Alexander DirectorSell9,000 shares @ $28.54$256,860.0012/11/2025$28.50LDI 
loanDepotAnthony Li Hsieh CEOSell230,815 shares @ $2.69$620,892.3512/10/2025$2.60LMND 
LemonadeAdina Eckstein COOSell7,919 shares @ $81.15$642,626.8512/10/2025$78.74LMND 
LemonadeJohn Sheldon Peters InsiderSell3,554 shares @ $81.00$287,874.0012/10/2025$78.74LNC 
Lincoln NationalJohn Christopher Kennedy EVPSell3,519 shares @ $44.15$155,363.8512/10/2025$45.32
Macy’sDanielle L Kirgan EVPSell85,000 shares @ $23.92$2,033,200.0012/11/2025$24.01MELI 
MercadoLibreStelleo Tolda DirectorSell246 shares @ $2,047.88$503,778.4812/9/2025$2,022.73META 
Meta PlatformsJennifer Newstead InsiderSell519 shares @ $664.16$344,699.0412/9/2025$646.08NET 
CloudflareMichelle Zatlyn InsiderSell25,641 shares @ $205.15$5,260,251.1512/9/2025$202.71NET 
CloudflareMichelle Zatlyn InsiderSell25,641 shares @ $208.61$5,348,969.0112/11/2025$202.71NGS 
Natural Gas Services GroupStephen Charles Taylor DirectorSell10,000 shares @ $33.16$331,600.0012/10/2025$33.48NWPX 
NWPX InfrastructureMichael C Franson DirectorSell5,506 shares @ $60.17$331,296.0212/9/2025$62.74PAYC 
Paycom SoftwareRobert D Foster CFOSell1,300 shares @ $162.66$211,458.0012/10/2025$166.43PCRX 
Pacira BioSciencesShawn Cross CFOSell9,104 shares @ $25.14$228,874.5612/10/2025$26.05PCRX 
Pacira BioSciencesShawn Cross CFOSell15,896 shares @ $25.03$397,876.8812/9/2025$26.05PTC 
PTCKristian Talvitie EVPSell50,291 shares @ $173.14$8,707,383.7412/9/2025$175.90QTWO 
Q2Kirk L Coleman InsiderSell8,559 shares @ $73.68$630,627.1212/10/2025$75.51QTWO 
Q2Himagiri K Mukkamala COOSell3,024 shares @ $73.68$222,808.3212/10/2025$75.51RDDT 
RedditMichelle Marie Reynolds CAOSell11,249 shares @ $232.95$2,620,454.5512/9/2025$229.84RIVN 
Rivian AutomotiveRobert J Scaringe CEOSell17,450 shares @ $17.53$305,898.5012/9/2025$18.73ROIV 
Roivant SciencesEric Venker CEOSell200,000 shares @ $20.85$4,170,000.0012/9/2025$22.06SIBN 
SiBoneJeffrey W Dunn DirectorSell18,759 shares @ $19.33$362,611.4712/8/2025$18.65SMBK 
SmartFinancialSteven B Tucker DirectorSell10,625 shares @ $38.01$403,856.2512/10/2025$38.91SMP 
Standard Motor ProductsRay Nicholas VPSell9,093 shares @ $38.01$345,624.9312/11/2025$38.03SNA 
Snap-OnAldo John Pagliari CFOSell6,779 shares @ $352.20$2,387,563.8012/11/2025$349.67TDG 
Transdigm GroupRobert J Small DirectorSell4,700 shares @ $1,290.19$6,063,893.0012/10/2025$1,298.06TEAM 
AtlassianScott Farquhar DirectorSell7,665 shares @ $161.79$1,240,120.3512/10/2025$161.91TEAM 
AtlassianMichael Cannon-Brookes CEOSell7,665 shares @ $161.79$1,240,120.3512/10/2025$161.91TEVA 
Teva Pharmaceutical IndustriesRichard Daniell VPSell115,468 shares @ $28.68$3,311,622.2412/9/2025$29.82TEVA 
Teva Pharmaceutical IndustriesMark Sabag InsiderSell216,892 shares @ $28.73$6,231,307.1612/9/2025$29.82TLS 
TelosGary Mark Bendza EVPSell242,337 shares @ $6.19$1,500,066.0312/11/2025$5.91TRMB 
TrimbleRobert G Painter CEOSell7,500 shares @ $81.39$610,425.0012/9/2025$81.13TROW 
T. Rowe Price GroupArif Husain VPSell4,260 shares @ $101.96$434,349.6012/10/2025$104.73TSLA 
TeslaKimbal Musk DirectorSell56,820 shares @ $450.66$25,606,501.2012/9/2025$452.88TSSI 
TSSPeter H Woodward DirectorSell30,000 shares @ $8.82$264,600.0012/9/2025$7.78TSSI 
TSSPeter H Woodward DirectorSell21,700 shares @ $8.30$180,110.0012/11/2025$7.78TTAN 
ServiceTitanAra Mahdessian CEOSell88,525 shares @ $107.56$9,521,749.0012/10/2025$104.64TTAN 
ServiceTitanAra Mahdessian CEOSell42,666 shares @ $106.85$4,558,862.1012/11/2025$104.64UFPI 
UFP IndustriesMatthew J Missad ChairmanSell11,000 shares @ $92.26$1,014,860.0012/11/2025$92.00URBN 
Urban OutfittersMargaret Hayne InsiderSell9,333 shares @ $78.36$731,333.8812/10/2025$83.04USCB 
USCB FinancialW Kirk Wycoff DirectorSell82,043 shares @ $18.56$1,522,718.0812/10/2025$19.51USCB 
USCB FinancialW Kirk Wycoff DirectorSell39,000 shares @ $18.68$728,520.0012/11/2025$19.51UUUU 
Energy FuelsTimothy James Carstens EVPSell59,594 shares @ $14.93$889,738.4212/10/2025$14.84VRSN 
VeriSignD James Bidzos CEOSell5,000 shares @ $244.59$1,222,950.0012/9/2025$242.66VRSN 
VeriSignD James Bidzos CEOSell2,000 shares @ $242.07$484,140.0012/10/2025$242.66WAY 
WaystarChristopher L Schremser CTOSell8,623 shares @ $30.41$262,225.4312/10/2025$32.34WGS 
GeneDxKevin Feeley CFOSell1,266 shares @ $159.28$201,648.4812/9/2025$153.11WGS 
GeneDxKatherine Stueland CEOSell3,639 shares @ $159.28$579,619.9212/9/2025$153.11ZM 
Zoom CommunicationsVelchamy Sankarlingam InsiderSell2,595 shares @ $87.84$227,944.8012/10/2025$89.45Revealed: Nvidia’s $24 Trillion Pivot and 3 New “Unauthorized” Silent Partners (ad)Nvidia’s biggest growth story isn’t in the companies listed on its official partner page — it’s in the hidden ecosystem of firms working with the tech giant behind the scenes. Michael Robinson calls them Nvidia’s “Unauthorized” Silent Partners, and history shows why they matter: past collaborators like ASML, TSMC, and Broadcom surged 4,501%… 9,793%… even 22,713% after aligning with Nvidia’s technology roadmap. Now, as Nvidia pivots beyond AI into two breakthrough markets worth more than $24 trillion, a new set of under-the-radar partners is emerging — and they could be next in line for major upside.

See Michael Robinson’s free breakdown of Nvidia’s new “Unauthorized” Silent Partners.

Top Insider-Buying Stocks (Last 30 Days)CompanyShares PurchasedTotal Cost of Shares PurchasedNumber of Insider PurchasesNumber of Insiders BuyingCurrent Share PriceMarketBeat Consensus RatingMarketBeat Consensus Price TargetRead MoreFOSL Fossil Group389,652$816,874.0077$3.90Hold$5.00CWBC Community West Bancshares1,036$20,757.0055$23.73Moderate Buy$21.67ALIT Alight193,116$448,984.0055$2.15Moderate Buy$5.25BWFG Bankwell Financial Group2,208$105,212.0065$48.79Moderate Buy$47.50INV Innventure58,786$244,245.0055$5.96Buy$14.00RPD Rapid767,345$1,025,202.0055$16.32Hold$22.42VRCA Verrica Pharmaceuticals4,236,346$17,962,107.0065$8.11Reduce$0.00VAC Marriott Vacations Worldwide96,100$4,566,692.0055$58.21Hold$63.38WEST Westrock Coffee346,150$1,442,029.0084$4.61Moderate Buy$9.00OWL Blue Owl Capital395,670$5,952,393.0074$15.50Moderate Buy$21.50

Top Insider-Selling Stocks (Last 30 Days)CompanyShares SoldTotal Cost of Shares SoldNumber of Insider SalesNumber of Insiders SellingCurrent Share PriceMarketBeat Consensus RatingMarketBeat Consensus Price TargetRead MoreROK Rockwell Automation24,731$9,946,037.003611$406.90Moderate Buy$390.33Zillow Group64,801$4,566,277.001410$74.67Moderate Buy$91.14ZG Zillow Group64,801$4,566,277.001410$72.32Hold$87.09KTOS Kratos Defense & Security Solutions391,908$28,987,923.001110$77.26Moderate Buy$82.06CVNA Carvana293,130$122,174,352.00149$466.35Moderate Buy$433.76BAND Bandwidth63,463$895,210.0098$15.39Hold$21.00BLFS BioLife Solutions104,786$2,687,321.00138$24.57Moderate Buy$31.20GH Guardant Health319,893$33,508,562.0098$101.49Moderate Buy$84.43SERA Sera Prognostics46,366$144,356.00118$3.59Sell$0.00TEM Tempus AI402,444$28,567,570.00138$71.17Hold$81.17More Calendars from MarketBeat and InsiderTrades.comToday’s Insider Trades
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DECEMBER 12TH, 2025

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Mid-2025 Outlook: 2 AI Stocks to Watch Closely
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2026 will be too late – these 5 catalysts are already in motion
Bitcoin wobbles at $92K as trader eyes end to ‘manipulative’ BTC price dip
Europe reconsiders crypto oversight as ESMA centralization gains momentum
XRP Spot ETFs Extend Their Impressive Inflow Streak As Investor Confidence Builds – What To Know
Pakistan, Binance Sign MOU to Explore Tokenization of $2B in State Assets: Reuters
Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down
Ripple expands European footprint with AMINA stablecoin payment partnership
UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries
Most Influential: Tom Lee
Most Influential: Changpeng “CZ” Zhao
Backed, Chainlink Unveil xBridge to Move Tokenized Stocks Between Solana and Ethereum
Most Influential: Michael Saylor
Most Influential: David Bailey
Most Influential: Jesse Pollak
XRP Price Needs To Hold This Macro Support For Hope Of Revival
KYMAi Could Be the Most Credible AI Crypto Project Launching This Year
Prediction Markets Are Coming to Phantoms 20M User Via Kalshi
Banking Giant JPMorgan Takes On Solana In Grand Style – Here’s What They Did
Bitcoin Spot and Derivatives Double Feature: Price Compresses, Calls Crowd $100K, Risk Expands
Silver 50-Year Watershed Moment Continues: The Devil’s Metal Shatters Records Again
Scaramucci predicts ‘exponential opportunity’ for crypto at LONGITUDE
Ether price rallied 260% last time this happened: Can ETH reach $5K?
Pakistan clears Binance and HTX to seek local crypto licenses
Трамп в Web3-играх: временный хайп или тренд?
Crypto speculation at 2024 lows as TradFi leveraged ETFs hit record $239B
U.S. SEC Gives Implicit Nod for Tokenized Stocks
Phantom taps Kalshi to offer regulated prediction markets in wallet
XRP and Solana ETFs Maintain Strength as Bitcoin and Ether See Outflows
Crypto Markets Today: Bitcoin Stuck in Post-Fed Range as Altcoins Slump Deepens
Why This Market Analyst Is Warning Crypto Investors To Stop Buying XRP
YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecon: Fortune
Bitcoins Volatility Meltdown: Crypto Daybook Americas
MEXC Research: 81% of Global Privacy Coin Trading Volume Originates from MENA, CIS, and Southeast Asia
YouTube Goes Crypto: PYUSD Stablecoin Payout Option Now Live For US Creators
Trust Wallet Launches Instant Crypto Purchases With Revolut Across Europe
What’s Happening With The Bitcoin, Ethereum, And Dogecoin Prices Recently?
Bitcoin first, crypto at scale: Inside the UAE’s layered digital asset strategy
From Lockstep to Lag, Bitcoin Poised to Catch Up With Small Cap Highs
Inside JPMorgan’s Latest Crypto Strategy And Solana’s Key Involvement
Best Crypto Exchanges of 2025 [December Update] – Winners of the Bull Market
Miner Weekly: AI Boom Floods Texas Grid With 164 GW of Power Requests
Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud
Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions
Standard Chartered, AirAsia parent to test ringgit stablecoin in Malaysia
Coinbase may debut prediction markets, tokenized stocks on Wednesday: Report
Upbit hack puts Binance’s emergency freeze policy under scrutiny
Klarna Partners With Privy to Develop Crypto Wallet Infrastructure
Cardano Brings Pyth Oracles On-Chain In First Pentad Integration
‘No Time To Experiment’: Russia To Establish Strict Crypto Regulations In 2026
Dydx Launches Solana Spot Trading Globally, Enters US Market
Solana Will ‘Flip’ Ethereum, Predicts Skybridge Capital’s Scaramucci
Elon Warns “America Is Broke”. Trump’s Plan Inside.

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Cryptocurrency Market Overview

Market Cap$2.78 trillion24-Hour Volume128.68 billion1-Hour Price Change-0.34%24-Hour Price Change+0.18%7-Day Price Change-0.64%
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TITLEPRICEMARKET CAP24-HOUR VOLUME1-HOUR CHANGE1-DAY CHANGE7-DAY CHANGE    Bitcoin (BTC)$90,539.93$1.81 trillion2.65 billion+0.41%+0.62%-0.42%    Ethereum (ETH)$3,107.01$375.00 billion24.71 billion-3.61%-2.27%-0.55%    Tether (USDT)$1.00$186.15 billion90.04 billion0.00%-0.01%-0.02%    Waifu Token (WAIF)$454.82$126.67 billionN/A+0.45%-2.18%N/A    BNB (BNB)$879.42$121.13 billion1.88 billion+0.20%+1.65%-1.48%    XRP (XRP)$2.00$120.77 billion2.67 billion-1.75%+0.29%-3.88%    Lido Staked ETH (stETH)$3,106.28$27.19 billion22.90 million+0.29%-2.08%-0.52%    Wrapped TRON (WTRX)$0.28$24.27 billion1.36 million+0.02%-1.45%-2.71%    Dogecoin (DOGE)$0.14$23.08 billion1.06 billion-2.04%+0.17%-3.93%    Bitcoin Cash (BCH)$580.89$11.60 billion368.64 million+0.07%+3.55%+0.99%TOTAL-0.60%-0.17%-1.25%
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Cryptocurrency News for Friday, December 12

Bitcoin wobbles at $92K as trader eyes end to ‘manipulative’ BTC price dip

DECEMBER 12 AT 11:19 AM | COINTELEGRAPHEurope reconsiders crypto oversight as ESMA centralization gains momentum

DECEMBER 12 AT 11:19 AM | COINTELEGRAPHXRP Spot ETFs Extend Their Impressive Inflow Streak As Investor Confidence Builds – What To Know

DECEMBER 12 AT 11:19 AM | BITCOINISTPakistan, Binance Sign MOU to Explore Tokenization of $2B in State Assets: Reuters

DECEMBER 12 AT 11:19 AM | COINDESKJamie Dimon’s Warning Every Retiree Needs To Hear(Ad)

DECEMBER 12  |  AMERICAN HARTFORD GOLD Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down

DECEMBER 12 AT 11:19 AM | COINDESKRipple expands European footprint with AMINA stablecoin payment partnership

DECEMBER 12 AT 10:11 AM | COINTELEGRAPHUAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries

DECEMBER 12 AT 10:11 AM | COINDESKMost Influential: Tom Lee

DECEMBER 12 AT 10:11 AM | COINDESKMost Influential: Changpeng “CZ” Zhao

DECEMBER 12 AT 10:11 AM | COINDESKBacked, Chainlink Unveil xBridge to Move Tokenized Stocks Between Solana and Ethereum

DECEMBER 12 AT 10:11 AM | COINDESKMost Influential: Michael Saylor

DECEMBER 12 AT 10:11 AM | COINDESKElon’s Out 🚫. Trump’s DOGE Payouts Keep Flowing (Up to $32K a Year) (Ad)

DECEMBER 12  |  ANGEL PUBLISHING Most Influential: David Bailey

DECEMBER 12 AT 10:11 AM | COINDESKMost Influential: Jesse Pollak

DECEMBER 12 AT 10:11 AM | COINDESKXRP Price Needs To Hold This Macro Support For Hope Of Revival

DECEMBER 12 AT 10:11 AM | NEWSBTCKYMAi Could Be the Most Credible AI Crypto Project Launching This Year

DECEMBER 12 AT 10:11 AM | BITCOINPrediction Markets Are Coming to Phantom’s 20M User Via Kalshi

DECEMBER 12 AT 10:11 AM | COINDESKBanking Giant JPMorgan Takes On Solana In Grand Style – Here’s What They Did

DECEMBER 12 AT 10:11 AM | BITCOINISTBitcoin Spot and Derivatives Double Feature: Price Compresses, Calls Crowd $100K, Risk Expands

DECEMBER 12 AT 9:51 AM | BITCOINSilver 50-Year Watershed Moment Continues: The Devil’s Metal Shatters Records Again

DECEMBER 12 AT 9:31 AM | BITCOINScaramucci predicts ‘exponential opportunity’ for crypto at LONGITUDE

DECEMBER 12 AT 9:10 AM | COINTELEGRAPHEther price rallied 260% last time this happened: Can ETH reach $5K?

DECEMBER 12 AT 9:10 AM | COINTELEGRAPHPakistan clears Binance and HTX to seek local crypto licenses

DECEMBER 12 AT 9:10 AM | COINTELEGRAPHТрамп в Web3-играх: временный хайп или тренд?

DECEMBER 12 AT 9:10 AM | BITCOINISTCrypto speculation at 2024 lows as TradFi leveraged ETFs hit record $239B

DECEMBER 12 AT 9:10 AM | COINTELEGRAPHU.S. SEC Gives Implicit Nod for Tokenized Stocks

DECEMBER 12 AT 8:04 AM | COINDESKPhantom taps Kalshi to offer regulated prediction markets in wallet

DECEMBER 12 AT 8:04 AM | COINTELEGRAPHXRP and Solana ETFs Maintain Strength as Bitcoin and Ether See Outflows

DECEMBER 12 AT 7:50 AM | BITCOINCrypto Markets Today: Bitcoin Stuck in Post-Fed Range as Altcoins Slump Deepens

DECEMBER 12 AT 7:21 AM | COINDESKWhy This Market Analyst Is Warning Crypto Investors To Stop Buying XRP

DECEMBER 12 AT 7:21 AM | NEWSBTCYouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecon: Fortune

DECEMBER 12 AT 7:21 AM | COINDESKBitcoin’s Volatility Meltdown: Crypto Daybook Americas

DECEMBER 12 AT 7:21 AM | COINDESKMEXC Research: 81% of Global Privacy Coin Trading Volume Originates from MENA, CIS, and Southeast Asia

DECEMBER 12 AT 7:11 AM | BITCOINYouTube Goes Crypto: PYUSD Stablecoin Payout Option Now Live For US Creators

DECEMBER 12 AT 7:10 AM | BITCOINISTTrust Wallet Launches Instant Crypto Purchases With Revolut Across Europe

DECEMBER 12 AT 6:51 AM | BITCOINWhat’s Happening With The Bitcoin, Ethereum, And Dogecoin Prices Recently?

DECEMBER 12 AT 6:09 AM | NEWSBTCBitcoin first, crypto at scale: Inside the UAE’s layered digital asset strategy

DECEMBER 12 AT 6:09 AM | COINTELEGRAPHFrom Lockstep to Lag, Bitcoin Poised to Catch Up With Small Cap Highs

DECEMBER 12 AT 6:09 AM | COINDESKInside JPMorgan’s Latest Crypto Strategy And Solana’s Key Involvement

DECEMBER 12 AT 6:09 AM | BITCOINISTBest Crypto Exchanges of 2025 [December Update] – Winners of the Bull Market

DECEMBER 12 AT 6:09 AM | BITCOINMiner Weekly: AI Boom Floods Texas Grid With 164 GW of Power Requests

DECEMBER 12 AT 5:50 AM | BITCOINDo Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud

DECEMBER 12 AT 5:04 AM | NEWSBTCStandard Chartered, Coinbase Expand Crypto Prime Services for Institutions

DECEMBER 12 AT 5:04 AM | COINDESKStandard Chartered, AirAsia parent to test ringgit stablecoin in Malaysia

DECEMBER 12 AT 5:04 AM | COINTELEGRAPHCoinbase may debut prediction markets, tokenized stocks on Wednesday: Report

DECEMBER 12 AT 5:04 AM | COINTELEGRAPHUpbit hack puts Binance’s emergency freeze policy under scrutiny

DECEMBER 12 AT 5:04 AM | COINTELEGRAPHKlarna Partners With Privy to Develop Crypto Wallet Infrastructure

DECEMBER 12 AT 4:31 AM | BITCOINCardano Brings Pyth Oracles On-Chain In First Pentad Integration

DECEMBER 12 AT 4:30 AM | BITCOINIST‘No Time To Experiment’: Russia To Establish Strict Crypto Regulations In 2026

DECEMBER 12 AT 4:08 AM | BITCOINISTDydx Launches Solana Spot Trading Globally, Enters US Market

DECEMBER 12 AT 3:51 AM | BITCOINSolana Will ‘Flip’ Ethereum, Predicts Skybridge Capital’s Scaramucci

DECEMBER 12 AT 3:10 AM | NEWSBTC
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How Capitalism Makes Things Better… and Cheaper

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How Capitalism Makes Things Better… and Cheaper

Alexander Green, Chief Investment Strategist, The Oxford Club

Many investors earn lower returns than they should because they are far too pessimistic about the future.

That may sound surprising to those who read Monday’s column, where I detailed how government policies make things like houses, cars, groceries, and utilities increasingly unaffordable.

Yet the private sector makes things better and… increasingly affordable.

That sounds like a contradiction. But it’s not.

It is possible for goods to simultaneously become more expensive and more affordable.

To measure affordability, we need to compare the price of goods and services to hourly compensation (wages and benefits).

The resulting ratio is called the time price.

A time price is the length of time the average worker labors to afford something.

Prices are expressed in dollars and cents. But time prices are expressed in hours and minutes.

It’s possible for things to become more expensive in dollars, but cheaper in time.

Which is more meaningful? In our daily lives, time is our most limited and nonrenewable resource.

That’s why time prices matter.

And they reveal something stunning: most things have become dramatically more affordable over time.

Understand this key point: the CPI tells us if something has become more expensive.

But the time price tells us if it has become more affordable.

Time prices are an excellent way to measure increases or decreases in our abundance over time for three reasons:

  • Time prices cannot understate or overstate inflation since prevailing prices and wages are used at every point on the timeline.
  • Time prices are independent of currency fluctuations. (They can be measured in euros, yen, or any other currency.)
  • Time prices provide a standardized way of measuring changes in wellbeing.

In their eye-opening book, Superabundance, authors Marian L. Tupy and Gale L. Pooley measured the costs of 50 commodities between 1980 and 2020.

They didn’t just find that the time prices of some of them went down.

The time prices of all of them went down.

In fact, the average time price decline of those 50 commodities – including oil, natural gas, wheat, cotton, soybeans, beef, corn, pork, and sugar – was a whopping 75.2%.

Put differently, a blue-collar worker had to work 75% less to afford the same amount of these things.

Unless we’re at the gas pump or the grocery store, however, we don’t usually buy commodities. We buy finished goods.

Yet the time price decline in these was just as dramatic. And in many cases, more so.

Over the same 40-year period, the time price of a utensil set declined 51%, a dishwasher declined 62%, a washer declined 65%, men’s clothing declined 72%, a bicycle declined 74%, a vacuum declined 83%, and a food processor declined 86%.

This isn’t cherry-picking. It’s across the board.

And that’s just for blue-collar workers.

White-collar workers – especially those with a college degree – saw time prices drop even more dramatically because their incomes are higher and rose faster.

It’s impossible, of course, to measure the 40-year time price decline in things like laptops, smartphones, and flat-panel TVs because none of these were even imagined in 1980.

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Other price declines are hard to measure as well.

For example, how do you compare the average cost of a book in 1980 to the more than 10 million that are free to download today from Google’s digital library?

Nobody thinks about the cost of a long-distance phone call today. But growing up, I did.

In college, I could only afford to call from my school in South Carolina to my home in Virginia at night when AT&T offered lower rates.

Today, I routinely have FaceTime calls with friends overseas at no cost.

Over the last 50 years, music listeners have gone from vinyl records to 8-track tapes to cassettes to CDs to MP3 files to streaming.

Today you can listen to almost any song, anywhere, at any time for next to free.

Other products are not free but considerably more affordable when measured in hours worked.

In 1971, a pair of soft contact lenses cost $65, and a fitting by an eye doctor ran about $550, putting the total cost at $615. Unskilled workers earned about $2 an hour.

Today an eye exam is around $120, and lenses start at $200, putting the cost at $320. Unskilled workers earn around $16.51.

In other words, the time price has declined 84%.

In 1970, the price for a roundtrip airline ticket from New York to London was $550.

Blue-collar workers earned $3.93 an hour at the time. (In my family, the folks who spent so lavishly were viewed as members of the “jet set.”)

Today, the same flight has dropped to about $467 and blue-collar workers earn about $36.15. The time price has decreased 91%.

In 1972, you could book a seven-day cruise from Miami to the Caribbean for $240.

Blue-collar workers earned about $4.59 an hour at the time.

Today, you can book a seven-day cruise out of Port Canaveral for $549. For blue-collar workers who earn $36.15 an hour, the price has dropped more than 70%.

Apple introduced the Macintosh in 1984 at a retail price of $2,495.

Unskilled workers earned about $5 an hour at the time.

Today a new iMac sells for $1,299 and unskilled workers earn about $16.51 an hour.

The time price has decreased by 84.2%.

And the difference between a 2025 Mac and the 1984 Mac is like comparing a Lamborghini with a skateboard.

That’s time price abundance.

Not all categories saw time price declines. Healthcare, college tuition, and childcare – heavily regulated, heavily subsidized, and labor-intensive – have outpaced inflation.

These markets don’t benefit from the “economics of knowledge,” where producing multiple copies of a prototype costs less and less.

But even in those areas, alternatives are emerging:

  • Online education is dramatically cheaper and more flexible than traditional degrees.
  • AI in healthcare is improving diagnostics, streamlining care, and lowering costs.
  • Many elective procedures (Lasik, cosmetic surgery, dental implants) have dropped in price significantly – because they’re outside the insurance system and thus more exposed to market forces.

In my new book, I detail how things are likely to become even more affordable in the years ahead, as I’ll discuss in my next column.

Get ready to adjust your investment plan accordingly.

Good investing,

Alex

P.S. Many of you have written to say that my new book is the perfect gift for someone who needs a bit of Christmas cheer. To learn more about The American Dream: Why It’s Still Alive… and How to Achieve Itclick here.Leave a Comment

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What’s Happening at NAMI NoVA? Important updates inside

December 2025ABOUT USNEED HELPWAYS TO GIVE

Hold the Line

Our 2025 Annual Campaign

We are halfway through our 2025 Hold the Line annual campaign. To the over 100 people that have contributed so far, THANK YOU!

WHY HOLD THE LINE?

Our community is hurting. “Reduced” out of jobs, fear over Medicaid and other funding cuts, uncertainty if neighbors or themselves might be picked up… and so much more… weighs on us all. In 2025, NAMI Northern Virginia has experienced an almost 65% increase in requests for support, education, and HOPE.

Together, we can meet the needs of our neighbors that need it most. Together, we can hold the line – but to do that, we need your dedication, your sense of purpose, and your support.

For over 48 years, we have relied on the support of our community so we can offer no cost mental health support, education, and advocacy. The need for our life-saving, critical services is greater than ever. 

Hold the Line with us. Help us continue to offer HOPE.

Donate NowHOLD THE LINE WITH US – Donate Now

WEDNESDAY in HERNDON

In Our Own Voice for Youth & Young Adults 

Open and Free for the Public – NAMI Northern Virginia is proud to partner with Floris United Methodist Church for this presentation.

Registration required. If a young person under the age of 16 is attending without a parent or guardian, a permission form found HERE must be completed in advance.

During In Our Own Voice for Youth & Young Adults presentations, young adults with mental health conditions share their powerful personal stories in order to change attitudes, assumptions, and stereotypes. Presentations provide:

  • A first-hand account of what it’s like to live with a mental health condition. Our young adult presenters humanize this misunderstood topic by demonstrating that it’s possible – and common – to live well with a mental illness.
  • A chance to ask the presentersquestions, which allows for a deeper understanding of mental health conditions.
  • The understanding that every person living with a mental illness can hope for a bright future.

In Our Own Voice for Youth & Young Adults is best suited for audiences between the ages of 14-30. 

Registration is required. You will be sent the address in Herndon after registering.REGISTER HEREYOUTH PERMISSION SLIP

Volunteer Appreciation Brunch

Last Saturday, we took time to celebrate our amazing, dedicated volunteers with a year-end brunch.

Both long time volunteers and some of our newly trained and onboarded team members came together in community to celebrate our wins and prepare for the year ahead.

Our thanks to the incredible Zak Sandler for performing part of his autobiographical solo musical, “Inside My Head.”

Congratulations to our volunteer award winners:

Mike – Board of Directors Award

Carol and Joan – Spirit of NAMI Northern Virginia Award

Our volunteers are the lifeline of NAMI NoVA. Thank you for your selfless dedication to helping and offering hope to our community.

First Quarter NAMI Family-to-Family Classes

We are working on the final details of our 1st quarter 2026 education class schedule. We will have THREE NAMI Family-to-Family (F2F) classes in early 2026.

These classes fill up FAST! People on our waitlist will have priority registration, so if you are interested in one of these classes, you are encouraged to sign up on our waitlist now. GET ON THE WAITLIST HERE.

Classes planned in quarter 1 are:

  • In-person in Leesburg – beginning early January 2026
  • In-person in Oakton – beginning late January 2026
  • Virtual – beginning in February

More details coming soon.

Our offices will be closed from Wednesday, December 24 thru Monday, January 5, 2026.We are giving our team a break to spend time with family and focus on their own mental wellness.

We will be monitoring our general email – info@nami-nova.org. Please contact us with any questions or if you need help.

IMPORTANT CALENDAR UPDATES – Many of our support groups have alternate schedules over the next 4 weeks due to the holiday season. Please see our calendar for the most up-to-date schedule.CHECK OUT OUR CALENDAR FOR MOST CURRENT EVENTS SCHEDULE

NAMI Northern Virginia is a 48-year old 501(c)3 nonprofit organization whose mission is to serve Northern Virginia individuals, family members, and friends affected by mental health challenges through awareness, education, support, advocacy, and collaboration with community partners.

NAMI Northern Virginia | Post Office Box 480  |Oakton, VA 22124 US

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