When Something Is Not Better Than Nothing
"Something is better than nothing" is how we end up with nothing that matters.
Charting the Course Together Part 4: What Happens When Both People Show Up
This series started with a metaphor. The captain chooses the destination. The navigator charts the route. Both essential. Neither sufficient
The Grievance Economy, Revisited: When Even Your Data Source Is Part of the Problem
A useful reminder of how pervasive the machinery really is. It gets into everything. Even our critique. A Delta Fund mea culpa...
The Navigator's Duties Part 3: What to Demand from Your Advisor
If you've decided that your capital should do more than extract value or simply compound, you've
The Captain's Duties Part 2: Moving from Lens to Lever
In our first post, we argued that the wealth advisory industry has inverted the natural relationship between investors and advisors.
You Built This
A conservative economist just called your investment strategy a grift in the New York Times. The data backs him up. An open letter to everyone wringing their hands about this moment while their portfolios fund it.
Captains and Navigators Part 1: Why the Wealth Advisory Model Is Rigged Against You
Most investors treat their advisors like airline pilots. Hand over the controls, trust them to land safely, flip through the
The Blueprint for a Just Future: Why We’re Rewiring Everything
We’ve normalized a lie.
We’ve been told that "market rate" returns are a neutral law of
An Un-American Economy: The Tyranny We Funded
Shareholder primacy isn't how markets work. It's a fifty-year experiment that recreated the very tyranny the founders revolted against. And your index funds paid for it.
The Race for Profit is Deadly
You've heard us say it before, but the focus on capital and profits is violent, harmful and, yes,