Hope all goes well… I take late-Dec off from writing. Lindsay Politi will be stepping in. She is launching a fund focused on emerging opportunities in inflation-related markets that will complement One River’s existing Long Volatility and Systematic Trend funds. We see the world in a period of major economic and political transition, with the investment landscape shifting in ways that will make the coming five years

“What really matters?” he wondered, the Pacific Ocean far below, magnificent, the flawless symmetry of its swell. “Brexit doesn’t really matter,” he thought, which is not to say it won’t create waves if it ever happens. “Italy matters more,” he thought, delicate ice crystals creeping in from the edges of his oval widow, nature’s order, grace. Europe’s political project has been fraught from the start and will remain

Hope all goes well… Beijing on Saturday summoned the Canadian Ambassador to China. Vice-Foreign Minister Le Yucheng said the detention of Meng Wanzhou seriously violated the legitimate rights and interests of the Chinese citizen, adding that it was unlawful, unreasonable and nasty in nature. China urged Canada to release Meng immediately or it will face grave consequences, and Canada must bear full responsibility for

Hope all goes well… “We have all become so equal here in Sweden,” said the programmer to Mara, who had joined me for a spin through Scandinavia. They toured her workplace, one of Stockholm’s innumerable, thriving tech companies. “A boy here would never dare ask me out,” explained the beautiful Swede, laughing, kind of, outnumbered by males four-to-one. “They would never think to hold a door open for me,” she said, sh

“We are trying to understand America, Americans,” said the soft-spoken Scandinavians, financial market pillagers. “America has been the world’s moral authority. And okay, so perhaps you have not always lived up to that. But you have tried. And it has been this way for our whole lives.” I nodded. “You have stood as the protector of global trade. Free trade. Democracy. And what is right versus wrong. America has defend

Hope all goes well… “You read my email?” I asked Jackson, Thanksgiving morning, the air around him electric. “Yeah, it was weird,” he said, smiling. I’d sent him an anecdote I wrote five years ago (see below), when he was eleven. It captured a conversation I’d hoped would weave its way into his fabric, and figured it was worth repeating as he mentally prepared for man-to-man coverage of Connecticut’s leading wide rec

Hope all goes well… “Marvel is a cornucopia of fantasy, a wild idea, a swashbuckling attitude, an escape from the humdrum and prosaic,” said Stan Lee, artistic genius, RIP. “It’s a serendipitous feast for the mind, the eye, and the imagination, a literate celebration of unbridled creativity, coupled with a touch of rebellion and an insolent desire to spit in the eye of the dragon,” continued the father of Spider Man,

“What the hell Charlie?” said Teddy, “Cover up your arms while we’re eating. Those sores are disgusting.” Charlie shrugged, too accustomed to sibling ridicule to be embarrassed. “That’s what happens when you itch mosquito bites,” said Olivia (15), an authority on basically everything. “And look at your fingernails Charlie, they’re filthy, no wonder you’re infected,” said Jackson (16), always game for gang tackles. “T

“Capital markets and combat are not turn-based games like chess,” said the Deputy CIO, top decile performer, Marine Force Recon veteran. “This means that there’s no such thing as waiting to make a decision, because waiting is a decision,” he continued. “Waiting can frequently be correct near-term, but you need to be intentional about how to use that time – to gather information, prioritizing the data that will

Hope all goes well… “Congratulations to President Trump for the seats taken in the Senate and confirmation in crucial states, against everything and everyone: lefty journalists, actors and singers, directors and pseudo-intellectuals. #godonaldgo,” tweeted Matteo Salvini, Italian Deputy Prime Minister, proximal leader of Europe’s anti-establishment upheaval. Overall: “You can always count on the Americans to do the ri