Money Wisdom

This is a list of lessons I’ve learned over time from books, confirmed by my experiences.

Macro

• When interest rates change, interest-sensitive assets (Real Estate, Small Cap, banks)get repriced accordingly.
• When the U.S. dollar is expensive, buy tech. (Gonzalez’s How to Make Money with Global Macro)
• When rates are cut, Small Cap grows the fastest.
• The U.S. holds the ultimate economic leverage over any other country.
• Deflation is not a concern for America. (Volcker’s Keeping At…