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Thoughts on Rates and the Fed
I like Kevin Warsh, the newly appointed Chairman of the Federal Reserve (the Fed). I liked Jay Powell, too. They are both clearly smart. Additionally, while I don’t really know, they both seem like men of integrity. To me, this matters – a lot. Kevin Warsh is trying...
AI: Beyond the Buzzwords
Artificial intelligence (AI) is everywhere. News stories discuss large language models (LLMs), hyperscalers, chipmakers, data centers, and trillion-dollar investments. It can feel like a foreign language—and many people wonder whether AI is something to embrace or...
Playing the Long Game
With the World Cup capturing attention this summer, it’s a good reminder that championships aren’t won in the opening minutes -- or even in the first match. Likewise, successful investing isn’t determined by a single quarter. The second quarter was a welcome rebound...
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