Capitalism’s Moral Ledger, Briefly Attempted In my first essay in this series, I asked who should be the moral arbiter in values-based investing. In the second essay, I explored why thoughtful, serious people find their moral compasses pointing in different directions even when they share the same core values. This essay tries to create clarity …
Month: February 2026
An essay in a series on business, values, and investing In my first essay in this series, I posed a question that I couldn’t answer. “Who is best positioned to act as the moral arbiter in values-based investing?” Asset managers, ratings agencies, regulators, advisors, or investors themselves? I still cannot answer this question. Over the …
An inquiry into the intersection of business, values, and investing I am considering a new business venture under the Valhalla banner: Valhalla Investment Services, a registered investment advisor differentiated by a values-based approach to portfolio construction. This idea has been simmering since I first got into the financial services business in 1998. My initial time …