Newsletters2024-01-24T23:03:20-05:00

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Ingredients of a 100-Bagger

September 21, 2022 | Investing in one or two 100-baggers can be life changing. It’s worth it to take the time and energy to analyze the characteristics that Mayer says are common to companies with these kinds of returns.

Cheap Bonds

September 20, 2022 | In a recent article, Zweig explores the nuances of municipal bonds, their tax-free allure, and their illusory cheapness. Bonds and taxes are seldom a sexy topic, though we think that for investors and those managing their own money, the takeaways are enlightening.

Blitzkrieg Attack

September 19, 2022 | Central banks globally are preparing to launch a blitzkrieg attack on inflation this week. In total, interest rates over three days and several countries will rise by 500 basis points (5%).

Oil Seizure

September 16, 2022 | Germany seized control of local units of a Russian oil company, Rosneft, to take greater command over its energy industry, secure supplies, and sever its dependence on Russian fuel.

Good to Great Lessons

September 15, 2022 | Good is the enemy of great, and few people or companies manage to achieve greatness because they settle too quickly for a comfortable life.

Investing For Freedom

September 14, 2022 | While investing dogma, of course, encourages diversification, this comes today at a time particularly sensitive to geopolitical risks.

How To Invest Like Li Lu

September 13, 2022 | I’ve been going down the Li Lu rabbit hole lately. An investing friend had mentioned a documentary called Moving the Mountain, which I had never heard of, but is about the investing legend’s life as a student leader in the 1989 Tiananmen Square protests in Beijing, China.

The Merge

September 12, 2022 | A long-awaited software upgrade to the Ethereum blockchain, intended to slash its energy consumption, is scheduled for this week, and it’s projected to occur in the early hours of Thursday morning. The event has been delayed several times previously, though.

Borderline Fraud

September 9, 2022 | The market in so-called voluntary carbon credits has enabled corporations globally to, in theory, offset their carbon emissions by funding projects elsewhere in the world that plant trees, invest in renewable energy, save endangered forests, etc.

The Great Inversion

January 19, 2024 | Tom Cruise may have been inverted in Top Gun, but the Treasury yield curve probably won’t be for much longer.a

Force Multiplier

January 18, 2024 | A program meant to accelerate the transition from fossil fuels is helping put cash in renewable energy companies’ pockets by selling tax breaks to corporate giants like JPMorgan.

Crowded Trade

January 17, 2024 | In Bank of America’s surveys of investment fund managers since 2017, U.S. tech stocks (aka “Magnificent Seven”, big tech, Nasdaq, FAANG, etc.) have frequently been reported as the “most crowded trade” in markets.

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