5 October 2020
MacroStrategy Partnership
Flu d’etat
“Sell crazy somewhere else. We’re all stocked up here.” - Melvin Udall (Jack Nicholson), As Good as It Gets.
29 September 2020
Risk parity portfolio
Power failure
“But to-day we have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand. The result is that our possibilities of wealth may run to waste for a time — perhaps for a long time.” - John Maynard Keynes, The Great Slump of 1930.
15 September 2020
london hedge funds
Tulips
“I’m sure Warren Buffett is a great guy but when it comes to stocks he’s washed up. I’m the captain now.” - Tweet by day-trader Dave Portnoy (@stoolpresidente), 9th June 2020.
8 September 2020
Inflation investing
Ghost stories
“Sit down. Your generosity is becoming overwhelming as it gets closer to ten o'clock. You're staying with me, Karswell. You've sold your bill of goods too well, because I believe you now. I believe that in five minutes something monstrous and horrible is going to happen. And when it does, you're going to be here so that whatever happens to me will happen to you.” - Dr. John Holden (Dana Andrews) in Night of the Demon, directed by Jacques Tourneur, 1957.