In the third quarter, the Fed made it clear to market participants that they will fight inflation by raising interest rates, even if it comes at the expense of an economic recession.

There is a small advantage to buying I Savings Bonds vs. keeping cash in a reasonable Money Market fund for the short term (next 1-2 years).

In Q2, markets have undergone a massive repricing, with short and long-term interest rates higher, credit spreads wider and equity multiples (and prices) way down. Given this backdrop, there are more interesting opportunities to deploy capital into, which we explore below.

The Q3 2021 investment opportunity can be characterized by stretched valuations and investment mania, fueled by massive fiscal stimulus and historically low interest rates, as we are apprehensive in making a 2021 vintage year bet.

Markets are impossible to predict, even in retrospect.

If you spend any reasonable amount of time with Ahara Advisors you will invariably hear us say the words “fat tails” and “convexity”. We are obsessed with those words and concepts and we thought it’d be useful to tell you why.

Most stocks (58%) underperform cash. All gains in stocks as a whole are concentrated in a small minority of companies.

Investing in great companies is the easiest and most effective way to generate wealth.

Focus on cultivating assets with unlimited upside and limited downside.