Re: Investing - Bottoms Up (Hic!) Macro / Different Styles For Different Situations / Getting Paid To Wait.

1. Reflections on the Irrationally Inebriant Risk-On of 2023, 2. Reflections on how I have applied different investment styles over different situations, 3. How I am positioning my Family Office.

One of my pet peeves is when people use the misnomer “Bottoms Up Investing” when they really mean “Bottom-Up Investing”; the former connotes investing after imbibing copious amounts of alcohol, and the latter connotes Fundamental Analysis! That said, “Bottoms Up Investing” perfectly illustrates the Irrationally Inebriant Macro environment thus far in 20…