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Letters

Austrian Economics and the good son, bad son story

A story about the parable of the prodigal son as it relates to current government and monetary policies. Make sure you’re not making any stupid decisions.

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Letters

The Power of Market Agnosticism

You don’t need to know where the market is going to make money in investing. Focus on what is important and knowable.

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Letters

The Democracy of Capitalism

Use capitalism to your benefit, and don’t let it use you. It’s mostly up to you. You can do anything.

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Letters

On Value Investing – Part One

Giving a brief overview of the discipline of value investing, where it has gone wrong and what you can do about it.

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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.