Bear Market Feedback is Gold

“Investors’ mental models tend to be simple, based on recent history, an extrapolation of trends, and an overreliance on frameworks that worked recently.” – Dan Rasmussen, The Humble Investor Most people set goals with a desired outcome in mind. Getting...

What Goes Up, Must Come Down

“All past market declines look like opportunities, all future market declines look like risks.” – Morgan Housel, author and investor Watching the stock market tank…
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Throw Away the Old Playbook

“Much of the confusion about the current state of the economy has its origin in people trying to apply classic business-cycle analysis to COVID-19 macro…
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Managing Market Volatility

“Volatility gets you in the gut. There’s no question that when prices are jumping around, you feel different from when they’re stable.” – Peter Bernstein,…
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Pure Portfolios’ 2022 Client Letter

2022 was the year of the opposite. Every market trend and economic reality we’ve known to be true the last ~12 years swung the other…
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How Does this Bull Market Stack Up?

“Everyone is a genius in a bull market.” Mark Cuban, entrepreneur and owner of the Dallas Mavericks. There’s no shortage of investors & pundits telling…
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Pure Portfolios’ 2021 Client Letter

2021 marks the five-year anniversary of Pure Portfolios (see The Story of Pure Portfolios). We are grateful for the client relationships we’ve built along the…
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Pure Portfolios’ Best of 2021

“A fit body, a calm mind, a house full of love. These things cannot be bought — they must be earned.” – Naval Ravikant, entrepreneur…
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Tis the Season for Wall Street Forecasting Pt. V

“I am skeptical about stock market forecasting by anybody, and particularly by bankers.” Benjamin Graham, famous investor Historical evidence shows Wall Street makes predictions that…
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Sniffing All-Time Highs and Nobody is Happy

“We locked down the economy for 18 months, spent ~$14 trillion, and now my margarita costs 30% more.” – Cullen Roche, author & investor. We…
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