“
Consistency is the hardest thing in investing. Anyone can have a great year. Having no losing years requires a completely different approach.
“
The less people know about what we do, the longer we can keep doing it successfully.
“
Government bonds are the most important market in the world and the most misunderstood by equity investors.
“
Central banks move markets more than any CEO, any earnings report, or any geopolitical event. That’s where the alpha is.
“
We don’t have a website because we don’t want to be found. If you’re the right investor, you already know how to reach us.