The EPL. The FA Cup. UEFA. And alphabet soup aside, the somewhat opaquely titled Community Shield and Carabao Cup. How do these football (hereafter “soccer”) competitions relate to each other, and rank in prestige? The English Premier League The English Premier League (EPL) is arguably the most competitive and prestigious…

(First in a possible series of attempts to explain narratives around “secondary sports” or other topics not related to investing). 2200 Miles of Hell Across a Paradisiacal Landscape Due to the pandemic, the start of the 2020 Tour de France was pushed back from late-June to late-August, meaning that the…

Interest Rate Risk A con-vexing Plain English challenge Bond fund communications inevitably involve discussions of interest rate risk and – to varying degrees – the accompanying concepts of maturity (easy to understand), duration (not quite as easy) and convexity (downright difficult). Here’s an attempt to put the relationship between these…