A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.


Welcome to the Blog

This blog was created to help you become a better investor.

If you're already investing, you know that your results depend not just on your returns, but also on your behavior as an investor. The articles here address both of these components. They cover investment strategies, offer tools to analyze opportunities and specific securities, and often break down complex topics into clear, practical insights. The focus is always on common-sense investing.

What’s in it for you?

Trying to stay informed about the markets can be overwhelming. The constant flow of news, headlines, and updates often adds more noise than value—and most of it has little long-term relevance to your portfolio.

That’s where this blog can help. While the financial press keeps you up to date with the latest developments, much of what’s covered won’t improve your outcomes as an investor. This blog helps you filter out the noise, focus on what truly matters, and gain a deeper understanding of key topics that impact your portfolio.
You’ll find insights rooted in fundamentals—relevant no matter the size or structure of your portfolio. The goal is to broaden your financial knowledge, introduce you to new analytical approaches, and help you make better investment decisions. All without the jargon.

Reading this blog will help you broaden your financial knowledge, learn new analytical methods and understand investment strategies. It will allow you to better understand your portfolio and hopefully help to improve your finances. Articles here aim to cut through the noise and short lived sensation in the financial media, and focus on topics relevant for the portfolio allocation. It provides a lesson for the future without complex jargon.

About the author

Karol Pelc is a portfolio manager with over a decade of experience trading securities and managing investment funds at some of the world’s largest asset managers, including Deutsche Bank, DWS, and Legal & General Investment Management.

He has managed a wide range of equity products across geographies and sectors, using fundamental, quantitative, and thematic strategies.

Karol holds a Master’s degree in Investments and Bachelor’s degrees in Economics, Management, and Business.

Why I write

Writing helps me organize and refine my thinking. It challenges my assumptions, pushes me to articulate ideas clearly, and deepens my research. Sharing valuable content also keeps me curious—and helps me grow as a portfolio manager.

This Blog is for You, Have thoughts on an article? Want to suggest a topic or ask a question? Don’t hesitate to leave a comment or get in touch. I’d love to hear from you!