“The reason that ‘guru’ is such a popular word is because ‘charlatan’ is so hard to spell.” – William Bernstein RESEARCH   McKinsey & Company – The Great Reset: North American asset management in 2022 (27 pages) McKinsey on the North American […]

“Self-control is a key to investing success, but so is fending off self-delusion.” – Jason Zweig RESEARCH   GMO – Quality Time in Small Cap (6 pages) GMO on the alignment of both the long-term and short-term opportunities in quality-focused small-cap equities. […]

“We don’t want to give money to people that want our money. We want to give it to people that don’t want it.” – Mark Yusko RESEARCH Bloomberg – Investing Through a Structurally Inflationary Regime (23 pages)   Steve Hou on the […]

“Surviving bear markets requires you to manage both volatility and your emotions.” – Ben Carlson RESEARCH   PGIM – The New Dynamics of Private Markets (52 pages) PGIM on the transformation of private capital, private credit and equity, and portfolio implications.  Some […]

NEWSLETTER SAMPLER Interested in sampling paid newsletter services? Check out      Name: The Transcript Frequency: Weekly Audience: Professional investors & HNW individuals Model: Freemium Author(s): Erick Mokaya & Scott Krisiloff Topics: Curated commentary from earnings calls across all sectors Overview: The Transcript tells the story […]

“There’s something that feels right about trying to figure out how everything works and is interrelated, along with identifying new trends and what will happen next in the markets. And yet, in what is perhaps the cruel irony, it is […]

“My peculiarity is that I don’t have a particular style of investing or, more exactly, I try to change my style to fit the conditions.” – Charlie Munger RESEARCH   KKR – The Times They Are A-Changin’ (30 pages) KKR on its […]

“If something looks irrational — and has been so for a long time — odds are you have a wrong definition of rationality.” – Nassim Taleb RESEARCH   J.P. Morgan – Guide to the Markets 4Q 2022 (71 pages) Bridgewater – The […]

“In investing, what is comfortable is rarely profitable.” – Rob Arnott RESEARCH GMO – 35-Year Highs for the Dollar (10 pages) In the Q2 2022 quarterly letter, GMO covers the US dollar, undervalued developed market currencies as tail winds for securities holders […]

“The best thing is to be a high conviction investor. When you dabble and just put a bunch of money on things you don’t know or understand, it tends to work out badly.” – Jon Gray RESEARCH Hendrik Bessembinder – […]

NEWSLETTER SAMPLER Interested in sampling paid newsletter services? Check out    Name: 42 Macro Frequency: Daily (LMN), Weekly (ATH), and Monthly (MSR) Audience: Professional & Retail Investors Model: Paid (7-day free trial) Author: Darius Dale Topics: Asset Allocation & Portfolio Construction Overview: 42 […]

“Time is your friend; impulse is your enemy.” – Jack Bogle RESEARCH Vanguard’s portfolio construction framework (32 pages) Vanguard looks at various portfolio construction methodologies to that incorporate different combinations of portfolio goals, preferences, and available investments. Source: Vanguard Verdad Advisers […]

NEWSLETTER SAMPLER Interested in sampling paid newsletter services? Check out  Name: Kuppy’s Event-Driven Monitor Frequency: Weekly Audience: Professional investors & HNW individuals Model: Paid (4-week free trial with FULL access to archives) Author(s): Harris Kupperman and the KEDM Analyst Team Topics: Primarily corporate […]

“Just about every time you go against panic, you will be right if you can stick it out.” – Jim Rogers RESEARCH GMO – Investing for Retirement III: Understanding and Dealing With Sequence Risk (15 pages) GMO addressing sequence risk and a […]