We reside in a VUCA world fraught with dangers of the unknown unknowns form. These dangers can’t be identified prematurely or be quantified.
How does one put money into such an surroundings? Ought to we cease taking any dangers? That’s we contact upon within the Lighthouse March 2023.
Lately I occurred to return throughout Mark Spitznagel’s e-book – Protected Haven – Investing for Monetary Storms. I have to say my pondering, for now, has been fully upended.
Mark has supplied an entire new basic framework to consider the world and investing or not investing. Within the course of, he throws away a number of fashionable finance instruments out of the window.
I used to be stunned to know that he considers Warren Buffett to be his biggest affect and Nassim Taleb his mentor. As I learn extra about Mark (specifically his first e-book – The Dao of Capital), I notice that his sources go additional again to a extra basic Austrian historical past, what he calls as Austrian Investing, with a roundabout strategy to attain a ultimate aim.
Do learn each the books in case you can. I imagine that they’re a number of the most vital investing literature on the market. (up to date on March 22, 2023)
Within the Lighthouse March 2023 version, we cowl the next:
- What can go flawed, will
- State of the Fairness & Bond Markets – What’s extra engaging now?
- FundTalk – Quantum Gold Fund (Gold is an funding or insurance coverage?)
- Up to date Fund Watchlist
- What does the Asset Allocation Indicator together with VIX inform us?
- Lastly, 2 extra Phrases Simplified
Begin studying the newest version under (browser solely) or obtain from right here
In case you like what you learn, do share additional with your folks.
I additionally look ahead to your feedback and suggestions.
