Paul Podolsky

Welcome! I am the founder of Kate Capital, LLC. Kate Capital is an investment management firm. For many years, I was a strategist and investor for the largest hedge fund in the world, Bridgewater Associates. On this website, you can find the latest about my books, essays, and podcast. I’ve published three books, hundreds of essays, and dozens of interviews. The latest book is The Uncomfortable Truth About Money. Past podcast guests include CEOs, sitting members of Congress, artists, and athletes. I believe that while the world is complex, it can be understood, and both my investing and writing operate around that belief. More about me in the “about” tab.

Books

Raising a Thief and The Uncomfortable Truth About Money are both non-fiction. The first is about being a parent the second is about money. Master, Minion is a thriller about financial war. The Amazon reviews show readers really like these books!

Essays

I write essays about how I am investing with and seeing the world, a chance for readers to look over the shoulder of an experienced, curious investor. Most of these are on my Substack. Some are in other publications, like The Wall Street Journal. Sign up and get the essay delivered direct to your inbox.

Podcast

I ask guests about their background, work and the biggest lessons they have learned and for perspective on economics and geo-politics. The answers are astonishingly varied. Guests include Ray Dalio, Gao Xiqing, Dmitry Bykov, Congressman Jim Himes and many more.

Uncomfortable Truths About Money Is Now Out!

December 16, 2022

Uncomfortable Truths (Harriman) takes off where Raising a Thief drops off–how the money part of our lives works, both mechanically and emotionally. It is 15 chapters that distill the major moving parts of money, how to earn it, save it and achieve independence.

Buy the Blitzkrieg, Sell Retreat

January 24, 2025

“…the investor crowd often has superb intuitions about long-term events … these judgments should be respected and followed.” Wealth, War and Wisdom, Barton Biggs, 2008 THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH. I watched this week’s events through three lenses. These lenses are like being at the […]

Sunday Coffee Thoughts

January 19, 2025

In mountain climbing, there are false summits—you think you are there and discover there is further to go. In other parts of our lives, the summit is forever a little further. Getting educated, raising a child, mastering a discipline, is traveling an endless path. I marvel that there is always yet more to be revealed. […]

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