Jul 6, 2026 | Uncategorized
How to Navigate the Space Between: Evidence & Uncertainty “Uncertainty is an uncomfortable position. But certainty is an absurd one.” – Voltaire Certainty has a way of sometimes working against investors in both directions. When markets are falling, it shows up as...
Jun 5, 2026 | Uncategorized
These Are Not Synonyms: Information & Signal “The problem with experts is that they do not know what they do not know.” – Nassim Taleb Most investors today do not suffer from a lack of information. They suffer from too much of it. Headlines arrive instantly....
May 5, 2026 | Uncategorized
A Trend Follower Walks Into a V-Shaped Recovery “The greatest liberty is born of the greatest rigor.” – Paul Valéry The market environment over the past several weeks has been defined by speed. A sharp equity drawdown was followed by an equally rapid recovery,...
Apr 2, 2026 | Uncategorized
A Disconnect Between Headlines & Market Behavior “The essence of investment management is the management of risks, not the management of returns.” – Benjamin Graham Uncertainty can sometimes carry more weight than the event itself. When headlines involve...
Mar 5, 2026 | Uncategorized
Before the Tide Goes Out: Managing Hidden Risk “The investor’s chief problem — and even his worst enemy — is likely to be himself.” – Benjamin Graham Price tends to drive sentiment. When an asset rises quickly, we usually see a familiar pattern: Enthusiasm mounts Our...
Feb 5, 2026 | Uncategorized
What a Streak?! “The map is not the territory.” – Alfred Korzybski Markets tend to test discipline in different ways over time. Periods of rapid change make investors crave adaptability, while periods of persistence make them want patience. Neither suggests something...
