Portfolio Management
Why static portfolio frameworks fail when risk regimes shift, drawing lessons from the very different market breakdowns of 2020 and 2022.
Market-implied discount rates reveal how investors price risk, often diverging from WACC and reshaping capital decisions.
AI tools may favor popular stocks over overlooked ones, embedding attention bias into investment decisions.
AI’s growing capabilities challenge traditional investment skill, shifting competitive advantage toward governance, process, and judgment.
Why S&P 500 reliance can undermine retirement outcomes, and how diversification, valuation discipline, and withdrawals reshape long-term portfolio risk.
Tight stop-losses feel disciplined but can erode long-term returns. Robust investing favors resilience over optimization.
Closed-end funds have their place in a diversified portfolio, but investors shouldn't expect to make a quick buck.
With valuations stretched in the US, international markets are emerging as a compelling new source of growth.
US government equity is entering strategic supply chains. For investors, this is changing how risk, returns, and capital allocation are priced.
Private markets increasingly resemble a speculative supply chain, where rational actors and aligned incentives quietly compound systemic risk.