March 31, 2021
EMBRACING A CHANGED WORLD - Q1 21 Quarterly Letter

If you happen to be in Marin County, California on a warm night, you might find us debating the consequences of rising debt as a percentage of GDP over a bottle of wine. We realize that others do not always find our economic banter enjoyable, but our backgrounds in economics have proven useful for the times we live in. Our parents are happy to know all the money they spent for those liberal arts educations did have practical applications!

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