Ray Dalio built an 'all weather' portfolio starting in 1996, turning Bridgewater into the largest hedge fund in history. But 2022 broke the core thesis, and VOO doubled All Weather over 20 years. Who actually won?
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The same 'net income $2B' line means something completely different at a tech company than at a bank or an oil major. This piece separates the 3 core financial statements, the metrics that matter by sector, and the 12 most common mistakes beginners make.
28 · iv · 2026
1/28/2026 gold hit $5,589/oz - an ATH, double in 18 months. PBoC bought for 17 straight months. Global M2 up 6x since 2000, China's real estate dam broke, USD got weaponized - every central bank is turning back to metal.
26 · iv · 2026
The internet (1995–2015) broke down the knowledge barrier once: Wikipedia, Stack Overflow, YouTube. AI (2023→) is breaking it down a second time - not just free knowledge, but the ability to execute. Where does Vietnam stand on this map?
26 · iv · 2026
15 years of Singapore housing: over 10 rounds of cooling measures, foreigner ABSD from 10% to 60%, HDB resale +43% in 4 years, condo rent +30% in 2022 as capital fled Hong Kong and Evergrande.
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VOO withholds 30% of dividends - VWRA only 15%, reinvested automatically. Calculated correctly, VWRA is cheaper after tax even with 6x the TER. Inside: TSMC, Toyota, LVMH, and 40% non-USD assets.
26 · iv · 2026
It took Soros 50 years to prove it: asset prices don't reflect reality - they create it. The theory of reflexivity, from Black Wednesday 1992 to the dot-com bust, the 2008 housing crash, and Asia today.
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In July 1997, Thailand floated the baht. Six months later, Indonesia, Malaysia, and South Korea collapsed together - dragging down faith in the 'East Asian model'. 29 years later, where has each economy ended up?
24 · iv · 2026
Not bad luck, not a bad market, not an agent lying to your face. A mathematical mechanism guarantees most buyers of ILPs and 'investment' insurance lose - with an interactive calculator to show you exactly how much.
24 · iv · 2026
33 months of falling home prices, 41 months of negative PPI, 16.9% youth unemployment, deposit rates under 1% - yet people keep depositing anyway. From the Three Red Lines to 2026, China has fallen into a Japan-1990-style balance sheet recession.
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