When dogma enters the brain all intellectual activity ceases – Robert Anton Wilson
Life is complicated. Because it is, our brains have evolved in ways
As of yesterday’s market close, the S&P 500 was down 16.3% for the year. Apple stock was down a similar amount – 16.5%. Bonds haven’t fared much better with the
“A narrative about the world is always a tool – a rough map with which to navigate the complex territory of reality. But the map cannot be mistaken for the
“He danced on the knifes edge between awareness and sleep. When he dreamt like this, he was a king. The world was his to bend. His to burn.” – Maggie Stiefvater
“We’re generally overconfident in our opinions and our impressions and judgements” – Daniel Kahneman
The title of this quarter’s newsletter was inspired
“Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd” – Bertrand Russell
Fi
“Our purpose is to lean against the winds of deflation or inflation, whichever way they are blowing” – William McChesney Martin
“The Great Inflation”
“Volatility.”
If you’ve been following the markets over the past several months, you’ve likely seen and heard a lot about it, and you may have heard your