Blog Archives

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,

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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.” 

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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.

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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,

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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.

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Hiding in Plain Sight

Silicon Valley Bank Hiding in Plain Sight

Like many others, I have been looking for where cracks in the financial system might appear catalyzed by the aggressive Federal Reserve rate hiking policy and balance sheet contraction. And while the housing market has been an obvious sacrificial lamb via much higher mortgage rates,

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Random Musings and Wonderful Memory Triggers

Memory Musing Spanish Flu

This is one of those weeks where I don’t have anything pressing I feel I need to convey or work through to gain clarity so I thought I would share some random thoughts related to the coronavirus, surveying data, economic reports, and health tip. 

Coronavirus vs.

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Lessons in Leadership and Civility from Lincoln

Lincoln

I was flipping through the television channels last week, and I came across Ken Burns’s last episode of his Civil War documentary. It is such a highly regarded series and one in which I hope to see from beginning to end someday. I have always been fascinated by the Civil War,

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Be Indispensable!

Be Indispensable

Like many people who have had long careers and experienced the inevitable ups and downs that go with any long-term venture, I often reflexively respond to those asking for life-changing advice by telling them to do what you love. Actually, it’s more do what you’re passionate about,

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Bond Market Skepticism & Emerging Market Carnage

I couldn’t stay away from interest rates for too long. Last week was very fascinating. There was a lot of news that should have been quite bearish for long-term bonds but instead, yields moved down by about 5 basis points for the week for the 10-year Treasury note.

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