Cory Richards shocked the world when he abruptly ended his climbing career at the foot of Dhaulagiri in 2021. He is ready to tell his story.
Continue reading “Cory Richards: The Color of Everything”Cory Richards: The Color of Everything
War and Financial Markets: What You Need to Know
I couldn’t go on with another week with talk of climbing or investing without acknowledging the massive elephant in the room: the Russian invasion of Ukraine and the threat of evolving war.
Financial markets are not high on my mind. Without a doubt, I sit on a throne of privilege to be able to even consider this article. But all that being said, I have been asked my thoughts on this matter, so here we go.
Today we take a historical look at past market environments during times of war. Importantly, we have to examine if this time could be different.
Continue reading “War and Financial Markets: What You Need to Know”The GameStop Saga: Hedge Funds, Reddit Investors, and Why They’re All Wrong
Well, I wouldn’t normally post two posts in a week, much less two in two days! But by popular demand, I have a few words on this GameStop fiasco. What do you guys think I am, some kind of journalist?!
I hate when news stories like this come out. These sorts of headlines give rise to the kind of stock market talk that promotes the age-old myth: the entire system is run by wealthy Wall Street Fat Cats, the small people can’t get a piece of the pie (or only lose money), and boy wouldn’t it be great if we could tear it all down!
This is flawed thinking. Here’s why:
Continue reading “The GameStop Saga: Hedge Funds, Reddit Investors, and Why They’re All Wrong”