brian4567Nov 2, 20231 min readDisciplina 3Q23 Investor LetterThe demise of U.S. consumer has been greatly exaggerated. We look at drivers of consumer spending and a resilient economy.Disciplina 3Q23 Investor Letter.pdfDownload PDF • 949KB
The demise of U.S. consumer has been greatly exaggerated. We look at drivers of consumer spending and a resilient economy.Disciplina 3Q23 Investor Letter.pdfDownload PDF • 949KB
We revisit the 90's to get some perspective on interest rates and discuss the concentration situation in equity markets
Disciplina 2Q23 Investor LetterReturns in the first half of 2023 have been impressive, but the inflation battle is till not over.