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Dead Hand Capital

Outperforming the living, one portfolio at a time.

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Substack
PricingOnly free issuesPublishesWeekly
Issues43Foundeda year agoLast Issue2 days ago
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Latest Issues

A Place To Stand

“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” - Archimedes

Most men, when they wish to move something larger than themselves, push harder.

This is the instinct of the species. Confronted by...

2 days ago
8

Chesterton's Fence

There is a particular kind of man who, upon walking through a field and finding a fence in his way, decides that the fence must be removed.

He has examined the fence. He has determined that it serves no apparent purpose. There are no cattl...

9 days ago
11
2

Eyes Turned Skyward

“Once you have tasted flight, you will forever walk the earth with your eyes turned skyward. For there you have been, and there you shall long to return.” - Leonardo da Vinci

When da Vinci wrote these lines - somewhere in the years bracket...

16 days ago
13
2

The Taste Of Failure

“Like all of life’s rich emotional experiences, the full flavor of losing money cannot be conveyed by literature” — Fred Schwed

There is a particular conceit common among educated men, which is that they can read their way into wisdom. The...

23 days ago
9

The Streetlight Effect

There is a peculiar form of intellectual cowardice that is often encountered in markets. It is the habit of looking not where the answer lies, but where the data is most easily gathered. The investor who spends his days arranging metrics he...

a month ago
14
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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