Daniel Rasmussen

33 thoughts in this book draw on Daniel Rasmussen.

Books & sources

• Humble Investor: How to Find a Winning Edge in a Surprising World · 33 thoughts

The thoughts

• The probability of experiencing a financial crisis within one…Takeoff Into Chaos
• . And countries can also be in negative bubbles…Takeoff Into Chaos
• Almost all market participants are wrong about stock prices…Takeoff Into Chaos
• Although inflation was always an important driver of gold…Expanding Your Range
• Clifford SThe Instruments
• Commodities and gold have the highest inflation beta in…The Flight Plan
• Europe has its own high-yield market that trades slightly…Leadership & Business
• Europe has its own high-yield market that trades slightly…The Flight Plan
• Figure 4Expanding Your Range
• High-yield spreads are not the only arrow in the…Decisions & Choices
• High-yield spreads are not the only arrow in the…The Flight Plan
• I first looked at how different asset classes perform…The Flight Plan
• I looked specifically at eight economic crises-1974, 1980, 1986…Expanding Your Range
• I looked specifically at eight economic crises-1974, 1980, 1986…Takeoff Into Chaos
• In addition, gold has tended to have an inverse…Takeoff Into Chaos
• In the United States and Europe, the high-yield spread…The Flight Plan
• Meanwhile, when the yield curve is steeply upward sloping…The Flight Plan
• Moreover, they find that shipping companies tend to commission…The Flight Plan
• NVESTING IS NOT a game of analysis, it's a…The Flight Plan
• Oil works best when high-yield spreads are fallingThe Flight Plan
• Our brains are programmed to expect history to repeat…The Mind in the Cockpit
• So empirical research into lending markets has typically found…Decisions & Choices
• So empirical research into lending markets has typically found…The Flight Plan
• So, in aggregate, we might expect that the basket…Expanding Your Range
• The primary driver of returns for high profitability companies…Expanding Your Range
• The probability of experiencing a financial crisis within one…The Flight Plan
• The second caveat is that the range of valuations…Leadership & Business
• The spread is a real-time indicator of investment flows…The Flight Plan
• This would suggest that the best investment strategies come…The Flight Plan
• To make better decisions, we must accept that predicting…The Instruments
• To put it simply, the cheapest stocks are disproportionately…The Flight Plan
• Unfortunately for investors in private equity, private equity firms…The Flight Plan
• When I then took the top 50 stocks ranked…The Instruments