Substack Library
GlossaryLetter from Sao Paulo
January 16, 2026One morning, while I was strolling in the garden, an idea appeared on the trapeze I have inside my head.
The Wind Comes Out of the Sails
November 14, 2025We understood that life, even the worst parts of it, were a shifting mix of happiness and pain, good luck and bad, and that there was no reason to fear that bad luck was greater than good.
Inflation Ebbing = Assets Up
October 24, 2025“It isn’t what sum you get, it’s how much you can buy with it.”