This Was Easy to Predict – Saudis and China

Most of the analysis we do at Deep Knowledge Investing is detailed and complicated.¬† People often ask me how long it takes to write a post.¬† The answer is it typically takes 1-3 hours to write something and days/weeks/months of research to know enough to have confidence in my conclusions. Sometimes, things just seem obvious…In … Read more

Do You Adapt to Changing Market Conditions?

I’ve worked for and run a variety of different hedge funds with multiple strategies:¬†concentrated long-only, long-short equity, long-term value, special situations, growth investing, options-based hedging, and even risk arbitrage (betting on the results of an announced but not completed merger or acquisition).¬† The best investors have a clear understanding of what makes a good investment … Read more