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Letters

Double Standards & Great Expectations

You need preparation and mental fortitude to benefit from a great track record, it’s never a straight line upwards. Don’t be blinded by smoke and mirrors, focus on the essence.

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Letters

Money Vs Skill

Don’t confuse having money for the ability to make money. Those who have made that grave error have paid a heavy price.

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Letters

The dimension of time and its cycles in financial markets

A treatise on time and its effect on asset valuation. Know what TIME you are getting in at. What can move time up and down.

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Letters

What’s your risk?

The stock market isn’t one thing. There are thousands of different companies. Don’t mistake one for the other and know what you are betting on.

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Letters

Rufus: portrait of an anti-investor

The story of Rufus the amateur investor and how he was so wrong by being so right. You need conviction to make money. Volatility is a constant in the financial markets.