Canceling the Noise; Not by Bread Alone – Part III
What can we conclude from a week marked by a delusional war and high volatility, and what should we be preparing for? The first graph below portrays the YTD market performance. More volatility should be expected. The level of cash in accounts should increase, hedges...A Discussion about Crimea and Russia in St. Petersburg: The Eagles’ Echoes
We thought to share with you a piece that we had posted in 2014, almost 8 years ago. We believe It is pretty relevant for the current circumstances. March 20, 2014 I landed in St. Petersburg around midnight. Got into a taxi (an old Volga bought by the driver in former...Canceling the Noise
In an effort to understand the delusional madness that has been on display since yesterday, and continuing the series that we started last week, allow us to share with you how we try to cancel the noise around us and focus on the most important and most critical...When the Arcs of Complexity and Idiocy Merge: Market Echoes at the Juncture Point Where Milton and Verdi Met Putin
Given yesterday afternoon’s Ukrainian developments, we thought to start with the conclusion of today’s commentary: Carl von Clausewitz addressed the issue of limited and absolute war in On War. The limited war is about observation as he puts it. The absolute war is...Sign Up for Our Publications
