
Gain clarity to invest in a complex world.
Dispatches and monthly letters for long-term, self directed investors.

Each month, I publish a letter about investing and the craft of building a life worth living. I don’t think wealth matters much unless it also makes life more meaningful and more beautiful.
I start with what I’m thinking about and reading that month: markets and history, geopolitics, travel, and perspective shaped by working overseas. Past letters have covered geographic asset allocation, long-run returns, how I think about China exposure, and reflections after spending time in places like Ukraine.
I share updates on my own portfolio, what I’m adding or trimming, and why. Often, the real work is doing less and not sabotaging myself, because the skills to make money are different from the skills required to keep it. You’ll see how I think about risk, what I’m learning as the world changes, and how I correct mistakes. This is not “stock picks.” It’s a clear record you can use to pressure test your own approach, make better decisions, and take care of your family.
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Everything in the Letter, plus a smaller room for deeper discussions.
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