The Inversion Investor

The Inversion Investor

+30 mins no drawdown in the most important hour of the day.

Peter Pham's avatar
Peter Pham
Dec 11, 2025
∙ Paid

Yes — consistency and controlled drawdowns matter far more than compounded returns.

Isn’t that what fiduciary responsibility actually is - should be?

How did the industry allow its core principles to be co-opted into normalizing massive drawdowns in the first place?

User's avatar

Continue reading this post for free, courtesy of Peter Pham.

Or purchase a paid subscription.
© 2026 Phoenix Global Wealth Management · Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture