We live in a VUCA world fraught with risks of the unknown unknowns kind. These risks can’t be known in advance or be quantified.
How does one invest in such an environment? Should we stop taking any risks? That’s we touch upon in the Lighthouse March 2023.
Mark has offered a whole new fundamental framework to think about the world and investing or not investing. In the process, he throws away several modern finance tools out of the window.
I was surprised to know that he considers Warren Buffett to be his greatest influence and Nassim Taleb his mentor. As I read more about Mark (specially his first book – The Dao of Capital), I realize that his sources go further back to a more fundamental Austrian history, what he calls as Austrian Investing, with a roundabout approach to achieve a final goal.
Do read both the books if you can. I believe that they are some of the most important investing literature out there. (updated on March 22, 2023)
In the Lighthouse March 2023 edition, we cover the following:
- What can go wrong, will
- State of the Equity & Bond Markets – What is more attractive now?
- FundTalk – Quantum Gold Fund (Gold is an investment or insurance?)
- Updated Fund Watchlist
- What does the Asset Allocation Indicator along with VIX tell us?
- Finally, 2 more Terms Simplified
Start reading the latest edition below (browser only) or download from here
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I also look forward to your comments and feedback.