Newsletters2025-01-04T07:54:08-05:00

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Risk & Return

January 25, 2023 | “People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.” — Peter Lynch

Less is More

January 23, 2023 | Warren Buffett's "20 slot" rule might be extreme for some, but it's a striking reminder of the power of simplicity, both in investing and life. 

The Four Agreements

January 22, 2023 | Don Miguel Ruiz's classic little book, The Four Agreements, was originally published in 1997 as a guide to proper conduct, spiritual freedom, and a life with fewer limitations. 

The Changing Face of Globalization

January 20, 2023 | "Our whole premise is you construct an investment portfolio based on what you don't know. You make it so that it performs its best in the extremes...it's not predicting what you think you know, it's constructing resilience for what you don't know."

Managing Debt Crises

January 18, 2023 | Debt crises and financial panics have transcended time and space, rearing their ugly heads across nearly every major civilization to have ever existed. 

King Cheese

January 17, 2023 | Believe it or not, it's cheese. See, since 1953, the regional bank Credito Emiliano (known locally as Credem) has accepted giant wheels of Parmigiano-Reggiano cheese as collateral for small-business loans. 

First Who, Then What

January 15, 2023 | In the above quote, Collins states that in an uncertain world, we must double down on the "first who" principle.

Circle The Wagons

March 30, 2024 | Off we go with Mohnish Pabrai’s 2023 presentation at the University of Nebraska, cool charts, and more in 2 minutes to read.

Thinking Fast and Slow

March 28, 2024 | Rest in peace to an economics icon: Dr. Daniel Kahneman, the Nobel Prize winner who wrote Thinking Fast and Slow and upended economics, died this week at 90.

David Vs Goliath

March 27, 2024 | Sometimes, David doesn’t beat Goliath. Actually, it’s been several years straight since David beat Goliath. That is, David being “small-cap stocks” and Goliath being large-caps (think the Magnificent 7 and the S&P 500 generally.)

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