How I Set My New Year’s Resolutions

2025-12-16

The pandemic and AI didn’t just disrupt the U.S. economy — they accelerated long-term forces that were already in motion. They’ve reshaped how work is done, who wins, and who falls behind.

Understanding these shifts is essential if you want to navigate what’s coming next.

You can watch the full conversation here: -uGWS1GH8?si=-MxpNAYZv4JWhkN0

2025-11-21

The most important thing is that you have the life that you want to have. So, how you define success is important. There isn’t one path that’s right for everyone.

I was lucky in the sense that I fell in love with markets and playing the investment the game, which is what I’ve done for 50 years.

I recommend that people think about their own nature and what game they’d love to spend years playing. It’s okay to explore different paths—not everyone knows right away. Think of your journey as a process of discovery.

If you’re interested, you can find my full conversation with Bloomberg here. We discussed life, debt, global crisis, and the importance of investing in our oceans:

2025-10-30

#Trust your gut. @FindingMastery

2025-09-24

I like inflation-indexed bonds — or TIPS (Treasury inflation protected securities) — because they guarantee a real return.

The markets are a zero sum game, and if you’re speculating, you’ll probably be the loser. But these bonds are among the safest asset classes you can find.

2025-09-19

The reality is that AI is so revolutionary and so disruptive that it’s very hard to say for sure whether superscalers are currently priced accurately in the markets.

But what will be even more impactful and is not adequately priced in is the effect AI is going to have on applications of it on company earnings, efficiencies, and the like.

I’m often asked whether these future productivity improvements will convert to the profits and incomes needed to service the debt well. I’ve done the calculations, measuring it against other productivity miracles, and I think it’s very unlikely — though of course, I could be wrong.

As an investor, if you think that will happen, I suggest that you skew your portfolio accordingly. @MasterInvestorChannel

You can watch the full conversation here:

2025-08-18

If you’re not generous with others and others aren’t generous with you, you won’t have a quality relationship.

2025-08-01

My principles around investment risk are the same during periods of turbulence (like we’re seeing now with tariffs) and periods of calm.

The most important thing is to pick the size of your exposure. For me, it all comes back to finding 15 good, uncorrelated return streams.

#principles