The fund
managed in public.

“Hydrocarbons, mined metals, and the chains that move them. Inflation has shown up; I think it stays. The book is positioned for it.”

“Therapeutics: where the science compounds and the asymmetry sometimes does too. I read the trial data, then I read it again. Most of it doesn't work.”

“Boring is the strategy. Dividend growers, defensive sectors, and a REIT sleeve for diversification. The yield does the talking.”