Confessions of the Doomed

The good news? We don't have to have a specific answer. We're positioned for it. All we have to do is NOT make a stupid mistake. Or mistakes.

Wednesday, July 19, 2023

Chiswick, West London

Would you lend capital to someone for 100 years at less than 4%? 

At the heights of the great bond market bubble, when $18 trillion in bonds traded at nega…