Andrew Burns
- Aug 29, 2020

The High Cost of Low Rates - August 2020

In our latest newsletter, we discuss the hidden cost of ever-lower interest rates by examining changes in the US housing market over 30 years. We call into question the benefit, or stimulus, provided by these low rates and use this case-study to build a framework for investing in challenging macroeconomic environments.

Please feel free to share this letter or reach out to me for further discussion by replying to this email or by following me on my new Twitter account: @conover_ab.

Click below to read on...

Download • 307KB

Recent Posts

See All

2023 Year-End Review: Five Years

After rate-hike upheaval in 2022, markets in 2023 offered a nice rebound. The year also contained the five-year anniversary of Conover, a welcome opportunity for reflection. In this letter, I: 1. Revi

2023 Mid-Year Review: Almost Never

After rate-hike upheaval in 2022, the beginning of 2023 has felt like the first semi-normal year in markets since the COVID crash of 2020. In this letter, I: 1. Am reminded why I don't short stocks 2

Berkshire Hathaway 2023 Annual Meeting Notes and Summary

“What gives you opportunities is other people doing dumb things.” – Warren Buffett, 5/6/2023 I had the pleasure of attending the Berkshire Hathaway annual meeting this past weekend in Omaha, as I have