The Integrating Investor

I’ve said it before, 2023 has been a heck of a year. In just five months, four large regional banks and one major global financial institution shuttered, marking the second-worst year for bank failures.

Many have questioned the importance of the recent bank failures.

Central banks endlessly fascinate me.

So far, my 2023 investing looks just like 2022: lots of waiting.

Markets are selling off in unison again. As I discuss in my article below, I believe this reflects their increased centralization. The cure, of course, is to decentralize (no, I don't mean crypto).

Speculation’s a dirty word for investors.

There’s no escaping the Federal Reserve (Fed) when it comes to investing these days.

Catching inflection points is the holy grail of trading. It’s what makes investing lore.

Many investors buy gold to protect against inflation. However, it's not as effective a hedge as believed. In my article below, I discuss how gold’s relationship to money, and as a result inflation, changed.

It's truly sad to watch events unfold in China. However, it's no surprise that investment markets are falling with China's increased economic controls. As discussed in my article, centralization produces fragility.

I’ve got inflation on my mind these days.

What recently transpired in GameStop's stock was truly epic. More astonishing, though, was the ease at which a nihilistic narrative took hold in the absence of fact. To me it was telling and an opportunity to improve my thinking.

Abstract investment themes are much more than entertainment. They’re serious business and have roles to play in portfolios. I share my process for incorporating then into mine.

What to own, how to do so, and when are the most important questions investors face. In my article, I discuss how a framework of collateral, leverage, and volatility can be used to help answer them.

When it comes to investing it’s never different this time; nor, however, is it ever the same. This difficult-to-navigate paradox creates a scarcity of longevity. Today’s persistently low yield environment has upped the ante and put many marquis names out of business.