Stray Reflections

Kaiwen Wang from Clocktower Group provides a clear framework for reading China’s tape—policy signals, investor flows, and what comes next.

A conversation with Peter Atwater on how shifts in confidence explain today’s AI boom, tariff talk, Trump’s influence, and the S&P 500’s path.

From property slumps to AI ambitions, a clear-eyed look at China’s next chapter with Trivium China’s Andrew Polk.

How to speak in a way that heals—ourselves, our relationships, and the world.

What most of us were never taught about love, marriage, and emotional growth.

Insights from Philippa Perry’s book, The Book You Wish Your Parents Had Read. 

A conversation with Daniel Dreyfus (CIO, Bornite Capital) on the buildout of American power—what’s driving it, what could derail it, and where investors should be paying attention.

A rare conversation with Steve Cohen (Point 72) that moved beyond markets. 

A conversation with Sean Maher, founder of Entext, to make sense of macro and technology trends. This exchange will challenge your assumptions, broaden your thinking, and offer a fresh lens on how the future might unfold.

A conversation with Marcel Kasumovich (CIO, Coinbase Asset Management) on all things macro and crypto.

What if the AI boom is closer to a turning point than most realize?

This isn’t 1995; we’re now in a post-bubble world.

Paul Tudor Jones’ guidelines for trading success. 

History and anecdotal evidence suggest that American exceptionalism is evolving into exuberance as we race toward the peak.

Exploring the polarized possibilities of Trump’s presidency: a world teetering between unprecedented prosperity and catastrophic collapse.

What if the S&P 500 is reaching heights that won’t be surpassed for the rest of the decade? Have you considered that?

Trading is as much a mental and emotional challenge as it is about strategy and skill. The inner game defines how far you’ll go.

“Self-reflection is the school of wisdom,” wrote Baltasar Gracian. As we close the chapter on 2024, his words remind us of the value of looking back to truly understand the path ahead. In this annual review, we revisit what we shared, examine where we were right, acknowledge where we fell short, and consider what these lessons mean for the year ahead.

We’re hosting the next Stray Reflections Retreat in Woodside, California, from May 5–8. Over four days, we’ll gather among the majestic redwoods to help you channel the success you’ve achieved in markets into other areas of life that need your care and attention.

This conversation on parenting and fatherhood speaks to something universal: how we navigate relationships, cultivate presence, and embrace the journey of becoming better human beings. 

“To express oneself honestly—not lying to oneself—that, my friend, is very hard to do. That is what you must train for: to become one in a completely natural, uncontrived way.”

The Middle East is undergoing a major transformation, but it is possible to know exactly what will happen in the future. The Abrahamic religions display certain convergences within the field of eschatology.

On a long enough timeline history repeats. But this isn’t 1995; we’re back in 1968.

Reflecting on the past decade of my personal and professional journey.

Will 2020s be the decade when workers reclaim the reins of power?

The main purpose of the stock market is to make fools of as many men as possible.

Has US military and financial power reached its limits? Pax Americana: is it really over? How safe are the dollar and US treasuries?

One of the leading causes of the shift of American values and the destruction of the American dream was the rise of corporations.

I want to draw your attention to the mother of all worst-case scenarios—a climate risk that nobody is discussing. The global hydrological cycle is speeding up, and precipitation is becoming extreme. China is the country most vulnerable to flooding as global temperatures rise. Can aging dams maintain historical levels of flood protection in the face of extreme weather changes?