Archives: May 2019

The global economy is highly complex and integrated. A decision made in isolation can often have wide ranging and “unexpected” consequences. The current trade and tariff war is just such an example. The US has for a long time trade deficits. These aren’t bad, they are not one country taking advantage of another. As the...

Talking to a lot of investment sponsors and “opinionated” investors, I’m often times struck by how binary their decision making process is. Their “idea/product” is the greatest idea in the known universe and you would be stupid not to put all your money into it. Always a choice between A or B. Why does this...