"Truth is the daughter of time, not of authority." Sir Francis Bacon Investing is full of truisms: flavor-of-the-day stocks come and go. Currencies fluctuate. Markets go up and down. Diversify! Platitudes are cheap. The rustling bush sensations that ...
DLC’s core portfolio at its one-year birthday has returned 3.2% in excess of the market S&P 500 total return indexOne year through July 28, 2022, and a return of -3.3% compared to the S&P 500 Total Return of -6.5%.. First laps don’t tell much but ...
In 1961 President Dwight Eisenhower gave his famous farewell address, warning about the military-industrial complex and the proclivity of monied groups to wield their interests to promote war. There exists other industrial complexes, where excess is p ...
Alchemy is for more than quacks. Even Isaac Newton dabbled in it. But it means more than turning lead into goldone definition is to transform something in a mysterious way. Rory Sutherland wrote a great book of the same name on a type of alchemy ...