A Lot Happened in June

A Lot Happened in June

So far, so good Looking back it is clear that several important turning points were reached in June: inflation peaked, interest rates peaked, and the stock market (probably) hit bottom for this cycle. None of this was expected at the time. In fact, investors were...
Reading from Primary Sources

Reading from Primary Sources

Cutting out the middleman We read a lot. But we’re selective about what we read. Starting about 7 years ago, I cut down my news consumption and started reading more from primary sources. For example, instead of reading an article about the GDP report—read the actual...
Reading from Primary Sources

Profits over Headlines

Why we start with the financials   Everyone has heard of Twitter. Few people have heard of Cadence Design Systems. You could call both companies “Technology companies” and their annual revenue is comparable (Twitter’s revenue is about 5.2B, Cadence’s is about...