Alarms. Surprises.

Let down and hanging around. Crushed like a bug in the ground.

Dec 8

5

2

November 2025

As simple as possible, but no simpler

There is danger in an oversimplified investment thesis

Nov 24

7

1

Checklist Series, Part 13: Fortress Incorporated

Only the strong survive

Nov 17

6

Explaining my crypto JOMO

Why I'm having fun staying poor

Nov 10

7

The perils of chasing the next big thing

An excerpt from Low Risk Rules: A Wealth Preservation Manifesto

Nov 3

7

2

1

October 2025

Checklist Series, Part 12: Check the numbers

The devil hides in darkness

Oct 27

3

We're number two!

The third fiscal quarter of 2025 wrapped up a couple of weeks ago.

Oct 20

6

Desperately seeking safety

The story of Hansel and Gretel has been told countless times.

Oct 13

11

Checklist Series, Part 11: Quality of earnings

People mean a lot of different things when they talk about “quality of earnings.”

Oct 6

5

1

September 2025

Marlboro Friday and Zooming Out

Ignoring conventional wisdom as they key to investment success

Sep 29

5

Checklist Series, Part 10: Zoom Out

Look beyond quarterly results

Sep 22

4

Checklist Series, Part 9: Pricing Power

The weapon that is most deadly when it is least used

Sep 15

6

1