Mauldin Newsletters

Rewinding the Tape

2020-05-22T09:00:00+00:00

We finished the Virtual Strategic Investment Conference yesterday. I can honestly say it was simply the best conference I have ever attended or been privileged to host. The ability to bring together so many exciting speakers, something schedules would not have allowed if we were holding a physical conference, offered a constant stream of thought-provoking, investment-enhancing, and useful information.

Reflection Week

2020-05-15T09:00:00+00:00

I knew this letter’s topic months ago. It was going to be a review of the Strategic Investment Conference, which would have just concluded fabulously in sunny Scottsdale.

Five Viral Lessons

2020-05-08T09:00:00+00:00

We live in truly historic times. “There are decades when nothing happens, and weeks when decades happen,” says a quote usually attributed to Vladimir Lenin. It certainly fits now.

The Figure-It-Out Economy

2020-05-01T09:00:00+00:00

Market sentiment reflects human sentiment, which lately has been quite negative—understandably so, given the great uncertainty surrounding the coronavirus pandemic. A month ago, we didn’t know where all this was going but it was potentially serious.

Viral Thoughts

2020-04-24T09:00:00+00:00

We are looking at a world with parameters bounded by pure imagination; where we go from here is anyone's guess. —Will Thomson and Chip Russell, Massif Capital

Repricing the World

2020-04-17T09:00:00+00:00

The viral fog is starting to thin. US coronavirus case growth appears to be slowing, albeit at a tragically high level. Governments and businesses are thinking about the next stage.

Bending the Inflation Curve

2020-04-10T09:00:00+00:00

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. … A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth.” —Milton Friedman, The Counter-Revolution in Monetary Theory (1970)

Notes from Lockdown

2020-04-03T09:00:00+00:00

In times of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists. —Eric Hoffer

Postcards from the Frontline

2020-03-27T09:00:00+00:00

Unprecedented events are happening so fast, I barely know where to start. But let’s begin with a small one, noticeable perhaps only to me.

The Beacons Are Lit

2020-03-20T09:00:00+00:00

In the film version of Tolkien’s Lord of the Rings: Return of the King, there’s a three-minute scene you should watch or re-watch. It is relevant to our situation today. Gondor needed to light the beacons for aid.