The New Capital Journal

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All, From Leonard's Desk Leonard Golub All, From Leonard's Desk Leonard Golub

Natural Capital

Sound economic policies, in any economic system, must support both the preservation and growth of all forms of capital, not just money capital. On earth, the most important and abundant form of capital is natural capital - the earth’s land, water, and air – without which no other capital formation is possible.

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All, From Leonard's Desk Leonard Golub All, From Leonard's Desk Leonard Golub

Viva Mexico

While Cortes came to Mexico to conquer, our family is currently spending our annual summer travel by enjoying the many facets of this extraordinary country: its lovely climate, incredible cuisine, historic sites, great architecture, stunningly cheap prices, and especially its kind and industrious people.

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All, Partners Dimensional All, Partners Dimensional

Alternative Reality

Some investors, in search of additional potential volatility reduction or return enhancement opportunities, may even try to extend the opportunity set beyond stocks and bonds to other assets, many of which are commonly referred to as “alternatives.”

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All, Partners Dimensional All, Partners Dimensional

The Tao of Wealth Management

The path to success in many areas of life is paved with continual hard work, intense activity, and a day-to-day focus on results. However, for many investors who adopt this approach to managing their wealth, that can be turned upside down.

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All, Partners Dimensional All, Partners Dimensional

Where's the Value?

From 1928–2017 the value premium in the US had a positive annualized return of approximately 3.5%. In seven of the last 10 calendar years, however, the value premium in the US has been negative.

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