The Climate Shockwave Continues: The Role of Capitalism
It's been just over a year since I wrote "The Climate Shockwave Felt Around the Street", but it feels like a solid decade. That story went on to be published in numerous publications, including The Startup, and I thought it'd be fun to revisit the topic since Mr. Fink is back in the news with his annual letter.
Unlocking the Secrets of Technological Cost Reduction: Wright's Law Revealed
Remember when even a standard-sized flat-screen television costs several thousand dollars (and could easily cause a trip to the chiropractor after handling). Since we live in a technology-driven society the speed of innovation is not always apparent. But when we look back, it becomes clear that the pace of technological improvements is swifter than ever, and continuing to accelerate.
The Yin and Yang of Investing: Conviction, Humility, and Finding Harmony
After hours upon hours of research, you finally pulled the trigger on your next great investment. Oops! Fast forward six months and you're down twenty-five percent and now your brilliant idea is looking like a total flop…ouch! Being able to admit when you are wrong and take appropriate, rational action once your investment thesis breaks down can help improve your returns.
Finding Purpose and Freedom: The Decision to Go Independent with Vermillion Private Wealth
There’s a plethora of options for someone looking to get into the financial services business, from behemoth multi-national wirehouses to small independent firms, and everything in between. After recently leaving a regional broker-dealer to start my own firm a lot of people have asked me a simple question…why?
Be More Positive and Make More Money: Why a Better Attitude Can Lead to Better Investment Results
The stock market is essentially the world's largest pari-mutuel system with the pricing mechanism acting as odds for future outcomes for various companies, industries, sectors, asset classes, countries, etc. If the bulk of the population views the future through an overly pessimistic lens, the market may be vastly under-pricing future growth and potential.
Unveiling Bill Ackman's Surprising Proposal: Government-Funded Investment Accounts
According to Ackman, giving every American a little skin in the game will ensure that all Americans have ownership in the success of capitalism and prevent a turning to “potentially radical” alternatives.
Warren Buffett's 2020 to Shareholders: Investing Wisdom and Witty Insights
Mr. Buffett is one of the few titans with the achievements, clout, and personality to make a piece of writing regarding retained earnings, business acquisitions, property/casualty insurance, and corporate governance better than mundane. He delivers yet again with witty one-liners, jabs at Wall Street bureaucracy, and even a few pop culture references.
The Coronavirus Crisis and Investing: Finding Opportunities Amidst the Chaos
Investing during volatile times kind of feels like running into a burning building, it goes against human nature. The coronavirus outbreak and subsequent efforts to slow it’s spread feels a bit surreal. Our daily lives have been altered, and that’s something we take incredibly seriously.
The Ever-Advancing Frontier: Why Charlie Munger Underestimates the Next Wave of Innovation
Charlie Munger is a living legend. He’s best known as Warren Buffet’s trusted sidekick, right-hand man, and partner in building Berkshire Hathaway into the monstrous entity it is today. But he’s an icon in his own right. In a recent interview Mr. Munger was wrong about the future of innovation, way wrong.
Climate Shockwave: Larry Fink's Call for Capital Reallocation and the Future of Finance
Did you feel that? That shockwave was Blackrock CEO, Larry Fink, stating the obvious but something often only whispered on Wall Street; “the evidence on climate risk is compelling investors to reassess core assumptions about modern finance…in the near future - and sooner than most anticipate - there will be a significant reallocation of capital.”