ACR Alpine Capital Research’s quarterly investment updates.
2024
- Secular Bulls and Bears – Oct-2024
- Borrowing from the Future – Jul-2024
- Circles of Competence, Ignorance, and AI – Apr-2024
2023
- Valuation Time Warp – Jan-2024
- The Future of Interest Rates – Oct-2023
- Perspective – Jul-2023
- Monetary Tightening 101 – Apr-2023
2022
- Great Disruption Ripple Effects – Jan-2023
- Locking in Profits – Oct-2022
- The 2022 Bear Market: Volatility and True Loss – Jul-2022
- A Russian Tragedy – Apr-2022
2021
- Pruning Risk, Creating Value – Jan-2022
- Whipsaw – Oct-2021
- Inflation, Markets and Returns – Jul-2021
- A Few Reflections on Risk – Apr-2021
2020
- A Triumph of Science – Jan-2021
- A Value Depression Opportunity – Oct-2020
- The Bubble in the Crash – Jul-2020
- Historic Times – Apr-2020
2019
- A Decade of Destabilizing Stability – Jan-2020
- True Value – Oct-2019
- We’ve Seen this Movie Before – Jul-2019
- A Historic Divergence – Apr-2019
2018
- Profit Signals, Market Noise – Jan-2019
- Volatility and True Results – Oct-2018
- The “B” Word – Jul-2018
- Quantifiable Absolute Returns – Apr-2018
2017
- Margin of Safety – Jan-2018
- Risk and Volatility – Oct-2017
- Priorities and Performance – Jul-2017
- Melt-up – Apr-2017
2016
- The Voting Machine and a Different Kind of Bubble – Jan-2017
- Passive Investing and Stock Market Structure – Oct-2016
- Keeping Time – Jul-2016
- Top-Down Concerns; Bottom-Up Opportunity – Apr-2016
2015
- That Giant Sucking Sound – Jan-2016
- Staying Right Sized – Oct-2015
- The Great Reflation and Stock Prices – Jul-2015
- 15 Years On: The Worst of Times Revisited – Apr-2015
2014
- Rolling Along, with Lots of Insurance – Jan-2015
- Investment, Speculation, and Market Timing – Oct-2014
- Protecting Capital for the Long Run – Jul-2014
- Revisiting the Impact of Low Interest Rates on Equities – Apr-2014
2013
- Swimming against the Tide – Jan-2014
- What Corporate Profits Are Telling Us – Oct-2013
- The Low Rate, High Profit Value Mirage – Jul-2013
- Struggling to Find Value – Apr-2013
2012
- Hangover Part II – Jan-2013
- Stock Picking and Playing Defense – Oct-2012
- Media Madness and the Music of Business – Jul-2012
- The Recovery and Stock Prices – Apr-2012
2011
- The Most Important and Misunderstood Idea in Investing – Jan-2012
- The Past as Prologue – Oct-2011
- One Foot In, One Foot Out – Jul-2011
- The Forest from the Trees of Investment Returns – Apr-2011
2010
- Lessons and Myths – Jan-2011
- Fate of the V Shaped Profit Recovery – Jul-2010
- Sovereign Tremors and Real Wealth – May-2010
- Valuations and Path Dependence – Mar-2010
2009
- The Old Normal – Dec-2009
- Exactly the Wrong Thing – Mar-2009
2008
- From Caution to Courage – Jan-2009
2007
- Same Story, Different Channel – Jan-2008
- Risk Control – May-2007
2006
- Navigating – Dec-2006
2005
- Uncle Myron’s Afro – Dec-2005
2004
- Revenge of the Bubble – Dec-2004
2003
- Patient Investing – Nov-2003
2002
- Market Psychology and Economic Facts – Jan-2003
- Rip Van Winkle – Sep-2002
2001
- Introducing Mr. Market – May-2001
2000
- Growth at Any Price? -Aug-2000
- The Worst of Times – Feb-2000