I might be late to the party -- but I've always enjoyed getting your newsletters in my inbox. You're a rational and systemic writer with a direct voice, and I take inspiration from your writing style and methods as I start my career.
I have a few questions if you see them and have time to answer:
  • When you talk about being bullish on lightning growth in developing markets based on local volatility, what sources or specific cases are you seeing that leads you to make that claim?
  • Can you imagine realistic situations where investing long in total-market US and global index funds (ala bogleheads) not yield regular long-term (8-20y) returns or be more risky than smaller indexes like the S&P 500 or Russel 3000?
  • What newsletters or periodic writers do you enjoy outside of investing/finance?