I believe Larry to truly be one of the muted voices that the investing community would be better off considering. He gets little coverage in the mainstream media, which, in my opinion, makes him someone worth listening to twice as closely.

Larry was kind enough to allow me to share his thoughts heading into Q3 2023. The letter has been edited ever-so-slightly for formatting, grammar and visuals.

SOUND MONEY ALTERNATIVES 

We have to admit that even we have been surprised by how far the Fed has been willing to go to try to  restore the stability of the purchasing power of the dollar. After growing M2 by 42% in under two years, and watching inflation run wild, their extreme tightening in the opposite direction is a signal to us of  weakness on their part, not strength.