Apr 2019
Yield Curve Inversion

While the 1st Quarter 2019 saw a much-welcomed V-shape recovery from the 4th Quarter 2018 decline, there are still a few clouds hanging […]

Jan 2019
Active and Passive Money Management

A line between active and passive investment funds is set to cross next year.   Since the end of 2006, investors have withdrawn […]

Oct 2018
The Cyclicality of Style and Location

The capital markets have grouped equities into two main divisions: Growth and Value.  These two groups are differentiated by the “style” of the […]

Apr 2018
How is Your Hippocampus?

Why does everything in the press these days seem to be a crisis?  A crisis triggers emotions that have a powerful effect on […]

Jan 2018
Bitcoin – Boom or Bust?

With the […]

Oct 2017
The Rise of Artificial Intelligence Investing

“Technologies continue to advance. They accelerate the progression of seemingly unrelated technologies, exploding what is possible at a pace that is difficult to […]

Jul 2017
Opportunities Abroad

We are long believers in the power of international diversification.  However, since 2009 the US S&P 500 has returned over twice the international […]

Apr 2017
Active vs Passive Investing

The evolution in the asset management industry has picked up pace in recent years. A long term trend has been taking place in […]

Jan 2017

In our Second Quarterly letter of 2016, we welcomed our friends and intelligent investors to the Exponential Age, a new industrial revolution for […]