Investment Academy.
Start at the beginning, or go deep.
A structured library for the serious individual investor — foundations through advanced strategies, organized by topic and learning level. Educational articles are pulled from the Substack and supplemented by evergreen explainers that live here permanently. Read in any order, or follow a path.
Start Here
Introduction
It took far too long, and it is the reason I wrote Investing 101
Investing 101: a five-part introduction.
Never invested before? This is the front door to the Foundations path — five short pieces, written to be read in order, plus a companion FAQ. All free.
Part 1
Why markets reward patient owners of businesses — and why investing is not gambling, a hobby, or a game for experts only.
Part 2
The accounts you invest through, how they differ, and a sensible order for funding them.
Part 3
What you can actually buy, in plain terms — and how the pieces differ from one another.
Part 4
Putting the pieces together into one sensible portfolio you can hold for decades.
Part 5
The behaviors that quietly cost investors the most — and the discipline that avoids them.
Companion · FAQ
Investing 101: Common Questions
Short answers to the questions every new investor asks. A standalone companion — read it alongside any part.
Featured Series
The Alternatives Series.
A skeptical, evidence-based look at private equity, private credit, hedge funds, and the rest — what they are, what they cost, and whether they actually deliver. Five parts, written to be read in order. The first two are free; the deep-dives open to Founding Members.
Part 1
A Plain-English Primer
What alternatives are, what they really cost, and who actually needs them — in plain English.
Part 2
Following the Money
A wall of capital rushed into private markets — then, in 2026, a crowd headed for the exit.
Part 4
Do the Best Managers Stay the Best?
Four decades of research on whether the top private managers can be identified in advance.
Part 5
Are Private Markets Worth It?
The verdict — what forty years of data say about private equity, credit, and real estate returns.
Read in order
Start with the free primer and read straight through. Parts 1–2 are free; Parts 3–5 open to Founding Members.
Topic Library
Browse by topic.
Evergreen explainers grouped the way they sit on the site today — from how portfolios are built down to the philosophy behind them. Each links to its article page.
Investment Strategy
Investment Ownership Choices
Asset Classes
Investment Styles and Factors
Member access unlocks the full library.
Investing 101 is free to everyone. A membership opens the complete Topic Library, fund research, and model portfolios — the full depth of the Academy.