Opinion

Expert commentary, analysis, and thought-provoking perspectives on finance, markets, and the forces shaping the global economy.

Value Investing
Opinion

Is Value Investing Dead or Just Dormant?

After years of underperformance, value investing faces existential questions. But history suggests the strategy may be poised for a comeback.

Founder Mode
Opinion

"Founder Mode" Is Both Overhyped and Underrated

The debate over founder versus professional management obscures more nuanced truths about company success.

Risk Models
Opinion

Why Traditional Risk Models Are Failing Modern Portfolios

The assumptions underlying conventional risk management are increasingly disconnected from market reality.

ETF Liquidity
Opinion

The ETF Liquidity Illusion: What Investors Need to Understand

ETFs offer unprecedented access to diverse asset classes, but their liquidity characteristics during market stress deserve closer examination.

Defense Investment
Opinion

The Investment Case for Defense in a Fragmenting World

Geopolitical realignment is driving a structural increase in defense spending that creates compelling investment opportunities.

Psychology of Finance
Opinion

The Psychology of Financial Decision Making

How cognitive biases and emotional factors influence our financial choices and what we can do to make better decisions.