Vincent’s Blog | Humanity, Japan and Long-Term Capital Management (LTCM)

The dead outnumber the living fourteen to one. Yes, this amounts to something like 100 billion people against 7.5 billion. And yet, we ignore the accumulated experience of such a large majority of humanity at our own peril. Since the development of the spoken word, the invention of the printing machine and “lately” of the Internet, you could argue that …

Vincent’s blog | Finance: the Art of going with the Flow

I am dreaming. It is cold and dark. I must be in one of those ice-times. I have no clue why I dream about them or why these ice-times come and go, but it seems that every 100,000 years or so it gets very cold, almost like clockwork. It apparently has a lot to do with one of our astronomical cycles, which …

Vincent’s blog |Delta Echo Bravo Tango

Losing money is asymmetrical, as it feels proportionally so much worse than making a little, right? 2018 was, as opposed to 2017, a negative year and we feel the pain like a familiar punch in the stomach handed by the markets’ many humbling ways. Risk and uncertainty are part of the DNA of the equity markets and the likes of …