Investing’s law of relativity: the oscillation of everything

Investment assets oscillate. Buy what’s underperformed, avoid what’s crowded, and let the laws of physics do the rest.

It’s small, uncomfortable and can be obscenely profitable

Most investors chase the same crowded trades. The real money is made much earlier — in small, uncomfortable companies tied to long-cycle technologies before they go mainstream.

Four academic theories that turn investors into billionaires

Investment strategies based on academic theories have a miserable reputation. Sometimes they even blow up financial markets. But what if you combine them?