Surviving the Tempest
At a certain point in every market the focus shifts from (1st) making money to (2nd) not losing money to (3rd) simply surviving—making it...
Surviving the Tempest
2022 Investor Letter I (Spring/Summer)
A Note on Meta Platforms
Preview: 2021 Year-End Letter
Preview: 2021 Investor Letter I
Preview: 2020 Year-End Letter
Lions, partisans & discretionary income
Understanding this market
4th update: Things are not going back to normal (a final warning)
Current Conditions (3rd update)