weekly-roundup

The smart crowd will tell you that the gold miners are risky businesses and that the royalty companies, which are lenders with the first claim on gold production, are much better businesses. That is true because having the first claim on production is a position of privilege that gets fed

I haven’t mentioned last week’s flash crash or the yen, mainly because ByteTree clients have heard enough. More to the point, they are long Gold and the Yen and therefore had a cushion of sorts in the recent malaise. Yet one key reason that the crash came to

It’s been a busy week for the central banks and data releases. The Federal Reserve held rates steady while giving strong signals for cuts in September. The Bank of England cut by 0.25%, and the Bank of Japan hiked for the first time since 2007. With all this

The US stockmarket had a rough week, which I would largely attribute to politics. With a 68% probability of a Trump victory two weeks ago, the market knew what it was getting and rallied. He was a stockmarket-friendly President, as it rose 83% between 2017 and 2021 when he sat

The Zulu Principle by the late Jim Slater was one of the first investment books I ever read, and it got me hooked. He embraced screening stocks for attractive features such as growth, value, relative strength, profitability, cash flow, and more. It was very readable. I have probably read 200

In this piece, I will update performance data for the Soda (balanced) and Whisky Portfolios (large-cap equity), which were launched on 29 January 2016, to include Q2 2024.  These portfolios sit in The Multi-Asset Investor, and with 8.5 years of performance, the records are starting to stand out. The