Peter Bernstein once captured the essence of investing with disarming clarity: “You have to be prepared to be wrong and understand that your ego must not depend on being proven right. Being wrong is part of the process. Survival is the only road to riches.” This is not a warning meant to scare investors. It…
Exploring Surya Namaskar
One of the things that meditators do every day is performing Surya Namaskar before each meditation session. Surya Namaskar, also known as Sun Salutation, is a series of yoga poses or postures performed in a sequence. It’s a traditional practice that originated in India. With the global spread of yoga, Surya Namaskar gained popularity outside…
The dollar – loud narrative, quieter history
I’m not the most active person on LinkedIn, more of a quiet observer who scrolls now and then. I do make new connections occasionally (selectively, of course). At the risk of upsetting some people, LinkedIn can sometimes feel like a stage where many are more interested in “showing off” than sharing real insights or adding…
Who is on the other side?
As a student of the market, I just finished reading an excellent 97-page report by Michael Mauboussin of Morgan Stanley titled “Who Is on the Other Side?” 97 pages may sound intimidating but for market nerds it is the good kind of long, the kind that pulls you in so completely you forget coffee exists…
Gau lah!
It is actually a good thing there is no real alternative to the dollar or US Treasury. If there were, investors would not be debating it on social media. They would have left already. Quietly. Efficiently. In very large numbers. The real question is not “Is the US dollar flawed?” It is “What exactly replaces…