Jonathan Swift prophesied, “When a true genius appears in the world, you may know him by this sign, that the dunces are all in a confederacy against him.” The question is, Will the US turn into Britain circa 1961? Or are there enough cracks in the system that the dawn can break through? As Dirty Harry put it, “Well to tell you the truth, in all this excitement I’ve kinda lost track myself.”

The Deep Capture Campaign

Come See the Sausage Being Made

The Washington Post has published an online piece by Abha Bhattarai, who tells me that it (or, I sense, a longer version) will be...
Patrick Byrne
27 min read

The Big O: A Closing Word

Nothing is more tacky than an ex-CEO hanging around his former firm and kibitzing what they are doing. On the other hand, given that...
Patrick Byrne
8 min read

A Message to My Former Colleagues at Overstock

Dear Erstwhile Teammates,                As you will learn from an SEC filing today, over this past week all my shares in OSTK were sold....
Patrick Byrne
5 min read

The SEC Cries “Bazoomba!”

A man moves to a new town and is invited to a locals’ poker game hosted by that town’s grandee. The newcomer goes to...
Patrick Byrne
6 min read

On Any Other Day That Might Seem Strange

Yesterday the shares on loan in OSTK actually increased by 170,000. Given that OSTK is indeed on the Reg SHO list, that should not...
Patrick Byrne
7 sec read

What’s Crazier: The SEC or the Truth About James…

News from the grassroots of Wall Street has been reaching me. An old friend from Staten Island, who seems to be wired into most...
Patrick Byrne
2 min read

Philosophy, Poker, & Pigeons

“If you ever sit down at a poker table and in 15 minutes you haven’t figured out who the pigeon is, you’re the pigeon.”...
Patrick Byrne
16 min read

Felix Sater Says He Was Not Source of Russian…

This may seem like a funny time to be doing this, but it is the right thing to do. Buried in the past of...
Patrick Byrne
2 min read

Maria Butina and I, Part Deux: Romancing Maria

At this point I am going to be discrete, other than to say that contact was re-established with Men in Black (I avoid using...
Patrick Byrne
22 min read

Maria Butina and I, Part I: Meeting Maria

It is not my intent to reveal anything beyond what I recently said on TV (and likely, even less). Given that much of that...
Patrick Byrne
14 min read

Message from DeepCapture.com

At the time much of the content on DeepCapture.com was written, the Great Financial Crisis of 2008 was either on the verge of happening or had just occurred. In those days, emotions among this publication’s contributors were raw and, in an effort to get their warnings noticed and appropriate blame placed, occasionally hyperbolic language and shocking imagery were employed. Were we to write these entries today, a different tone would most certainly prevail.

Yet, being a record of a pivotal time in our global economic history, we’ve decided to leave the rawness unedited, with the proviso that readers take the context of the creation of certain posts into account, and that those easily offended re-consider the decision to read them.