Something Good for the Month

April 2025

Read. Reflect. Re-energize.

Hidden Forces | Capital Wars and the Death of Fiscal Illusions

In Episode 410 of Hidden Forces, Demetri Kofinas speaks with investors Paulo Macro and Le Shrub about the consequences of a breakdown in the international capital and trading system—and what this means for markets and investor portfolios.


OakTree Capital | Nobody Knows (Yet Again)

On Monday, September 15, 2008, shortly after the close of the New York Stock Exchange, Lehman Brothers surprised the world by filing for bankruptcy. This came on the heels of rescues/bankruptcies of Bear Stearns and Merrill Lynch and was followed quite soon by more of the same at Wachovia, Washington Mutual, and AIG. Market participants quickly concluded that the U.S. financial sector was on the verge of melting down.


Chartbook | Chartbook: The anxiety of influence: economic geography, Canada and the USA.

Eyes around the world are on Canada and the election to be held tomorrow, Monday 28th April. Cam Abadi and I took on the topic for the Ones and Tooze podcast this week.


Masters | 2025 Masters Final Round

The entire coverage of that incredible 2025 Masters final day is now available.


YouTube | For Whom the Bell Tolls by Metallica makes Darth Vader more terrifying

Watch Darth Vader’s hallway scene from Rogue One set to For Whom the Bell Tolls by Metallica.


YouTube | Bryan Adams – Heaven (Live At Wembley 1996)

On July 27th, 1996, a sold-out Wembley Stadium welcomed Bryan Adams on his “18 ‘Til I Die Tour,” and during his performance of Heaven, over 70,000 voices joined in unison, creating a moment that felt like pure love. It was a powerful reminder of music’s ability to unite and move people on a deeply emotional level.


Investment involves risk, uncertainty and assumptions. The value of investments rise and fall and there is a risk you may not recoup the amount originally invested. Past performance is not a reliable indicator of future performance.

The contents are provided as general in nature and should not be relied upon nor construed to be the rendering of specific tax, legal, accounting or professional investment advice. Readers should consult with their own accountants, lawyers and/or financial advisors for advice on their specific circumstances before taking any action.

The information contained herein is from sources believed to be reliable, but accuracy cannot be guaranteed. No representations or warranty, expressed or implied, is made by Caldwell Investment Management Ltd. or its affiliates.

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