INSIGHTS

Clear thinking for long-term decisions.

Research and perspective on investing, risk, portfolio construction, and the tradeoffs that shape durable financial decisions.

Topics will include the long-term risk of holding too much cash, portfolio volatility and drawdown management, asset allocation, inflation, retirement portfolio construction, financial products and incentives, and long-term wealth building.

One research note a month.

Clear, data-driven analysis on investing, risk, and building long-term wealth. No spam. Unsubscribe anytime.

RESEARCH NOTE

Stocks vs. Real Estate: Two Paths to Building Wealth

A balanced framework for comparing diversified public equities and direct residential real estate.

RESEARCH NOTE

Gold: durable, volatile, and no longer cheap

Gold has preserved wealth across generations, but a durable monetary asset is not necessarily attractive at every price.