Signal vs. Noise: Stock Market Concentration Concerns
A New Book, A Familiar Message: Stay Calm
The Freedom to Choose What Comes Next
Living Our Values: Reflections From Hill’s 2026 Summer Interns
The Player or the House?
Category: Philosophy
Client Communication Available to All
Firm policy is we don’t share quarterly letters beyond our client base. We consider these communications special and more personal, reserving them only for Hill Investment Group client relationships. We decided that a modified version of the most recent letter could be shared because the lessons are especially relevant to investors at large.
“You know we don’t make forecasts, but we also acknowledge that no one likes total ambiguity regarding what’s to come. This quarter’s letter is a short statement about what respected thought leaders are saying we should expect in the form of future returns, and what you can do about it.”
The Evolution of an Investor by Michael Lewis
The 2007 cover story of Conde Nast Portfolio magazine is a fascinating look inside the conversion of a former broker to a more enlightened investment philosophy. Acclaimed author, Michael Lewis, discovers that there is “a new breed of investors who think you can get rich without really trying. They may be right.” Contact us as this article is no longer available online.
Golf & Data
While most of us enjoy golf as a leisure activity to relax and unwind, my guess is that most struggling golfers (myself included!) are looking for an edge. Sounds like a good time to find the data and evidence rather than “5 Hot Tips to Add 100 Yards to Every Drive.” Just as we apply evidence to our investing methodologies, today’s professional golfers are finally catching up to data-hungry managers, coaches and players in baseball, basketball, and football. For some keen insights into the transformation in golf, click here for the Wall Street Journal article.
