A Curious Quarter
This week we discuss our learnings from the quarter past, compare large equity losses, and debate the effect of rising interest rates.
Dear Clients and Friends of Farrer Wealth Advisors, we are pleased to bring you the Farrer Wealth Biweekly Blast, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
A Curious Quarter -
In yet another volatile Q1, we share our learnings over the past three months, discuss fund blowups, the value of Time, and how quarterly results are arbitrary and meaningless. Click here to read our latest blog post.
Farrer Fun Fact
Largest ever losses: 2021 saw two of the top ten biggest equity losses ever recorded (Archegos and Melvin). A trip down memory lane will remind you of the others. (source, also some articles state that Archegos losses may have been $20bn)
Articles and Videos of the Week
A few months ago we released our recommendation on Evolution Gaming to our clients, you can read our thesis here (not investment advice).
We’ve been getting a number of questions about what rising interest rates mean for stocks, and we found that this post puts it best. If rates are rising because of a strong economy its good for stocks, if they are rising because of inflation.. well…
We always find Jamie Dimon’s annual letters insightful, and particularly like his diagnosis of markets and the state of the country. Read his latest letter in JPMs annual report here. If you don’t want to read the whole thing, here is a quick summary.
Seems like our blog post about cruising caught on! Carnival Cruises reports a 90% increase in bookings qoq. Read more here and book your trip now!