Month

Hope all goes well… Merry Christmas, Happy Hanukkah. To you and your families. Resurrected one of my favorite little family memories, an opening note from Christmas past… Christmas Day 2013: Santa slipped down the chimney. Left boot prints in the ash that spilled across our hearth. And the jolly fella stuffed stockings. Built a train set too. Sprinkled magic everywhere. Moments before the kiddies emerged in their fin

Hope all goes well… Dusted off an Jan 2011 anecdote I was thinking about when Bloomberg broke the story this week about our launch of One River Digital Asset Management (see below). I’ll be spending December writing a longer piece on something disruptive, emerging, important. Something digital. All the best, E Week-in-Review (expressed in YoY terms): Mon: US begins administering Pfizer’s vaccine, Biden wins Electoral

Hope all goes well… “Dad, Dad, Dad, come now!!!!” screamed Charlie, racing into my office Saturday night. I closed my laptop, took off the headphones, music cranking, thinking, working. All sorts of commotion filled the house, we ran downstairs. Jackson had surprised us, returning unannounced, managing to come home directly from the Army/Navy football game. His first-time back since July 1st. Mara hugged him, aglow,

Hope all goes well… Dusted off a Jan 2018 anecdote about the reflexivity in volatility markets (see below). It’s something I think about when tracking cycle phases. Of course, the cycle that started in early 2020 is unique relative to anything seen for decades. The unprecedented policy response to the pandemic has forced investors to now build portfolios of risk assets without being able to rely on treasury bonds to