Mar 9, 20223 minAsset ManagementThe Cathartic Flush On the positive side in this region, the outright valuation and equity risk premium is a lot more attractive in Asia Pacific. That is bullis
Mar 7, 20222 minGlobal MarketsEntering a Phase of Genuine Panic While some indicators of financial stress appear more sanguine than in the aftermath of 1998 Russia default, there are some genuinely troubl
Oct 10, 20216 minAsset ManagementThe Shortage Economy & Correlated BeliefsAn important element of our process is having a sense of the prevailing bias or consensus beliefs. That is particularly important when it...
Oct 5, 20216 minAsset ManagementThe Cluster.... of Net ZeroAs one astute Italian observer put it “the arithmetic of energy is pretty straightforward. Resources are depleting fast, as the easier...