In this discussion with Maurice Jackson of Proven & Probable, I discuss the demise of the West, investing, gold, silver, resource stocks, arbitrage opportunities, and the importance of philosophy in understanding markets and civilization.

The conversation moves between culture and investing because the two are inseparable. Markets are shaped by trust, morality, institutions, incentives, and a society’s ability to think clearly. When the West loses discipline, reason, and moral confidence, the consequences are visible not only in politics and culture but also in capital allocation and investment behavior.

Watch the full discussion below:

Key Takeaways

• Why the decline of the West has cultural, moral, and economic consequences
• How philosophy helps investors think more clearly about risk, value, and opportunity
• Why gold, silver, and resource stocks matter in a world of institutional disorder
• The importance of independent judgment when evaluating markets and society
• How arbitrage opportunities can arise when investors misunderstand value, incentives, and risk