The 30-year Treasury yield topped 5.1% on Friday, the highest in nearly a year. The long bond jumped almost 11 basis points to 5.121%, while the 10-year surged nearly 14 basis points to 4.595%. Not exactly a small move, unless you have been meditating in a cave without Bloomberg access. Had an interesting conversation with…

I have been meeting some interesting people lately. Not all of them are the right fit. A couple of them are. What I am looking for is simple. Natural communicators. People who enjoy prospecting, building relationships, and opening doors, not because a motivational poster told them to, but because that is genuinely how they operate….

I have been fully home-based for more than 15 years now. Before that, hybrid. Before that, the full commute, the office parking politics, and the profound experience of sitting in traffic for forty minutes to attend a meeting that could have been an email. In my line of work, working from home is not a…

Over the next week or so, I will be less available, spending time meeting partners and fund managers. Behind the scenes, this is what the job actually looks like: exchanging views on markets, risks, opportunities, portfolio positioning, and how to survive modern investing without losing both money and sanity in the process. Every cycle comes…

I was sitting across from a prospect recently. Sharp guy, done well for himself. About ten minutes in, he leaned back and asked me: “Why would I put money into a multi-strategy portfolio compounding at double digits a year (oh yeah) when I could just ride the AI wave and make money hand over fist…