5 Things to Know in Investing This Week – September 1st, 2023

The Employment Issue Lots of interesting news this week where we address these important questions: Is the labor market cooling as quickly as some believe? How long can housing prices continue to rise? Is the trend towards services spending and away from goods continuing? Will anyone be able to get a job next year? Is … Read more

How Do You Know When You’re Wrong – Three Case Studies

Introduction: Prior to starting Deep Knowledge Investing, I was one of two portfolio managers at Silver Arrow Investment Management. I was fortunate enough to have Raji Khabbaz as my business partner. Raji is a first-rate stock analyst and a fantastic investor. The best part of running Silver Arrow was the constant discussion and debates Raji … Read more

5 Things to Know in Investing This Week – August 25th, 2023

The R-star and Shoplifting Issue Lots of interesting news this week where we address these important questions: Jerome Powell is again more hawkish than the market expected or hoped. Rates to 6%? More bank downgrades. One bank index shows no shareholder value creation in 25 years. Nvidia ($NVDA) has a fantastic quarter and the stock … Read more

Portfolio Update – A Rumor on Two Names

Deep Knowledge Investing originally recommended buying Bitcoin and the Grayscale Bitcoin Trust ($GBTC) in late 2020 when Bitcoin was around half the current price. In June, when Blackrock, Fidelity, and several other huge institutional firms filed for Bitcoin ETFs (Exchange Traded Funds), we bought more $GBTC and re-recommended the position.   Our thinking on that … Read more

Guest Post – Putting Today’s Interest Rates in Perspective – by Ryan Sullivan

I’m pleased to provide a guest post from Ryan Sullivan. Ryan began his career as an engineer, and recently started his own financial advisory practice. In my conversations with him, I was impressed with his knowledge of investing and his desire to try to help his clients outperform. Many financial planners spend all of their … Read more

Powell Stays on Message

This piece was originally published on August 25th, 2023. Fed Chairman, Jerome Powell, spoke in Jackson Hole today. Here are my notes on the speech with some additional commentary: Quickly said there’s a “long way to go” to get inflation under control. (DKI:  He’s telling investors the “pivot” to lower rates isn’t coming anytime soon.) … Read more