The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

Nov 1, 20193 min read

The Indiscriminate Inflow Threat

Michael Burry, the doctor-turned-hedge fund manager who foresaw the bursting of both the tech and subprime bubbles, has just revealed...

Sep 30, 20195 min read

Active Management and the Predictability of Markets Redux: Didier Sornette

This is the third in a series of four posts dedicated to the subject of financial market predictability. In this month’s letter, I look...

Where's My Cycle?

An update on where I think we are in the business cycle with respect to growth, inflation and markets

Correlation or causation?

Data is too often presented in an unfair, unclear and misleading way

Dear John

Liontrust's John Husselbee's arguments in support of balanced funds are lame

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