The D in DIE
Diversification is a standard tool to reduce portfolio risk in finance. To do this, the portfolio manager seeks stocks with different risk profiles and potentially even industries and countries. But the managers do not just pick any old stocks. The…
Faustian Bargain Part 3: Beyond the Bargain to a Sustainable Compassionate Conservatism
This is a three-part series on developing the concept of compassionate conservativism to develop effective policies and solutions that address the problems of poverty and its threat to sustainable liberty and prosperity. Both the left and the right entered Faustian…