Cash Deployment: A Framework for Seizing Market Opportunities One of the perennial challenges in portfolio management is not just holding cash, but knowing when to put it to work. Cash

How to Lose the AI Race — On Purpose There’s no bigger geopolitical prize today than securing leadership in artificial intelligence. Countries that dominate AI will gain not only economic

Sequence Risk: The Inconvenient Truth About Markets and Timing Planning for average returns is easy; surviving the actual sequence is harder. Markets don’t hand out returns in smooth installments, and

No Country Was Ever Ruined by Trade Camp David In April 1987, President Ronald Reagan delivered a radio address at Camp David warning Americans about the dangers of protectionist trade

The Market as a Voting Machine As Warren Buffett famously observed, borrowing from his mentor Benjamin Graham, “In the short run, the market is a voting machine, but in the

Market Timing is a Losing Strategy Market volatility can be unsettling, but the bigger question for investors is whether they are truly investing in businesses or simply trying to time