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Dead Hand Capital

Outperforming the living, one portfolio at a time.

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Substack
PricingOnly free issuesPublishesWeekly
Issues59Foundeda year agoLast Issue4 days ago
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Artwork for Dead Hand Capital

Latest Issues

Asch Conformity

A lone man can tell when two lines are the same length. Seat him among seven men who swear they are not, and he may well stop believing his own eyes. He had thought himself a creature of perception, but he is also a creature of company.

In...

4 days ago
6

From Hand To Hand

A Victorian household did not throw away a year of its weekly magazine. At the year’s end the numbers went to the binder and came back as a volume, stitched and titled, to sit on a shelf and outlast the household’s opinions on almost everyt...

7 days ago
8
6

The Privilege

“The limited liability corporation is the greatest single discovery of modern times. Even steam and electricity are far less important, and would be reduced to comparative impotence without it.” - Nicholas Murray Butler, 1911

Every ma...

11 days ago
6

Physics Envy

There is a peculiar disease of the educated mind, and its name is envy. Not the common envy of wealth or station, but a stranger and more corrosive form. It is the envy of physicists.

It afflicts the social sciences - economics, finance, s...

18 days ago
10
3

The Line Of Battle

“No captain can do very wrong if he places his ship alongside that of an enemy.” - Horatio Nelson, the Trafalgar Memorandum, 1805

Twelve days before he died, in the great cabin of the Victory off the coast of Cadiz, Nelson sat down to wri...

24 days ago
13
2

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  • Dead Hand Capital

    An investment newsletter devoted to the forgotten virtues of patience, silence, and rationality in a world addicted to motion. 20 years on Wall Street.

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