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The Perils of Prediction Markets
I feel about prediction markets the way I feel about drugs — they're probably not a good idea. Prediction markets, which allow people to wager on real-world events such as elections and flight delays with a few clicks, are just the...
Read MoreYou Know More about Investing than You Think
Principles that can help you in life and in investing We’ve all navigated uncertainty, weighed risks and rewards, and made carefully considered decisions. As humans, we are compelled to tackle life’s central challenges, which also...
Read MoreMid Year Report to Clients July 2026
We're happy to report on the continued progress of our long-term plan during the very eventful first six months of 2026. Please note that we don’t mean “progress” in the narrow sense that our account values rose—although they did. If...
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