TRENDS & TAIL RISKS™

A monthly publication dedicated to the principle that deeper and broader knowledge drives superior investment results

Success Begins with Defense: Is This the Bottom of the Agriculture Cycle?

By Lewis Johnson - Chief Conclusion Successful investing begins with the purchase of assets with limited downside, exceptional upside, and multiple ways to win. The 50% crash in agricultural commodity prices helps[…]

Exploring Rapid Change in Oil Production & Airline Industries

POSTED ON May 4th - POSTED IN Cycles, Thinking About the Future

By Lewis Johnson - Chief conclusion Give each investment a fair and open-minded hearing, because the world is constantly changing.

Interplay of Cycles: Inventory Restocking vs. Long-Term Debt Cycle

POSTED ON November 18th - POSTED IN Cycles

By Lewis Johnson - The economy is composed of many different cycles, each operating with varying degrees of influence at any given point in time. This may sound confusing but it’s really no more complex than our[…]

Have We Seen the Peak?

POSTED ON October 21st - POSTED IN Gold, Cycles, Thinking About the Future

By Lewis Johnson - Many of us grew up enjoying the cartoon Peanuts and its Charlie Brown Specials on TV. Charlie was the brainchild of Charles Schulz, who is now widely considered to be one of the most influential[…]

Where are we in the Cycle? The Gold / Silver Ratio Weighs In

POSTED ON October 7th - POSTED IN Cycles

By Lewis Johnson - Time and again in these pages I have found myself quoting the highly quotable Sir Winston Churchill. He was one of the most incredible people who lived in the 20th Century. I have been reading a[…]

Lewis Johnson
Chief Investment Officer

Author of Trends & Tail Risks

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