The Philosophical Investor's Blog

Getting in the Arena in Austin - Resilience

The Road to Resilience Gary Carmell

One of the beneficial things about writing a blog each week is that it helps me prepare for presentations that I have to do periodically. Last week we had our national meeting in Austin for many of our CWS employees, and this week we have our annual investor meeting.

Read more ›



10 Years Later: Getting in the Game and Staying in the Game

10th Blogging Anniversary May 2, 2013

This week is the 10th anniversary of my website going live, and during this decade, I have fortunately been able to write a blog each week without interruption. It has helped me become more observant and focused while on vacations knowing I will write about some of them while away.

Read more ›



The Squeeze Is On

Squeeze FRED

As this chart shows, the yield continues to invert with 3-month Treasury Bill yields substantially higher than 10-year Treasury Note yields.

10-year treasury constant maturity minus 3-month treasury constant maturity 1986 - 2023

As I wrote about previously, Fed Chairman Jay Powell discounted traditional yield curve indicators such as the differential between 10s and 3-month T Bills and 10s and 2-year Treasury yields.

Read more ›



Where Do We Go from Here? Life's Inflection Points

Gary - Where Do We Go from Here_ Life's Inflection Points

Where do we go from here

Now that all of the children are growin’ up?

And how do we spend our lives

If there’s no one to lend us a hand?

Read more ›



Can Anyone Become a Philosophical Investor?

This week please find the third installment of my video series discussing important parts of my book The Philosophical Investor – Transforming Wisdom into Wealth. In this installment, I talk about whether anyone can be a philosophical investor. To find out my answer,

Read more ›



Valuable Lessons and Surprises in Surprise

Gary Carmell National Tennis Tournament April 2, 2023 B

Last week I wrote about my preparation for playing in a tennis tournament in Surprise, AZ. This week I’m going to report on the results, my experience, and lessons learned. As Mike Tyson famously said, “Everyone has a plan until they get punched in the mouth.” 

Read more ›



Training for Lucidity

USTA NTRP National Championship March 31, 2023

Because my blogs need to be approved by CWS’ compliance personnel, I do my best to ensure they are done by Friday so that the reviewers don’t have to work on weekends. Given that the blog is published on Mondays, there are times when events have transpired that may have altered what I wrote had there not been such a delay.

Read more ›



Banking on Cuts

Banking on Cuts

In the short run, the Fed chose to keep up the inflation fight despite deteriorating financial stability emanating from a wounded banking sector. There is now a lot of market data corroborating that the Fed will have no choice but to start cutting rates soon.

Read more ›



Regret Minimization is a Powerful Motivator in Life

Regret

Before being hired by CWS, I had to do a personality profile that literally was an all-day affair. One of the questions I remember required me to fill in the blank after starting off with “Happiness is_____”. Without much reflection,

Read more ›



Who's Afraid of Treasuries? When Stability Breeds Instability

Who's Afraid of Treasuries_ When Stability Breeds Instability

I’m going to breeze through a number of tweets and charts as I’m headed to watch the semi-finals and finals of the tennis matches at Indian Wells. The weather is going to be outstanding, and the matches have a similar promise.

Read more ›



Categories

Free Insights