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Dead Hand Capital

Dead Hand Capital

Outperforming the living, one portfolio at a time.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues23SubscribersRead theodoreblackwell.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

The Kelly Criterion

The investor’s mind is a troubled place. In one corner stands the ghost of Ruin, a spectral figure that whispers of the 100% loss, the single bet that ends the game. In the other stands the phantom of Opportunity, a glittering, alluring sha...

6 days ago
13
5

Surgery Of Despair

“Buy when there is blood on the streets, even if that blood is your own.” – Baron Rothschild

13 days ago
13
2

Authority Bias

The human spine contains a vestigial reflex, a ghost of an instinct that commands it to bend. It is the instinct to bow before a throne, to kneel before an altar, to defer to the man in the gilded uniform or the starched white coat. We are ...

20 days ago
19
3

The Ladder Of Discourse

“Great minds discuss ideas; average minds discuss events; small minds discuss people.” – Eleanor Roosevelt

a month ago
19
3

Authors

The writers behind this newsletter.

  • 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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