Aptus Q1 2026 Newsletter: No Participation Medals in the Stock Market

Aptus 3 Pointers, February 2026

Given the popularity of our weekly Market in Pictures, we started the habit of picking out a few and going into more detail with our PMs. In this edition, Derek, John Luke, and Dave spend a few minutes on each of the following:   February Dispersion Bonds Rally...
Aptus Q1 2026 Newsletter: No Participation Medals in the Stock Market

Simple Formulas

Things are often made more complicated than they need to be. Take basketball as an example. Modern basketball analytics have created a whole new language within the sport. Outsiders have no clue what it means, and insiders waste time on stuff that doesn’t matter. Boy,...
Aptus Q1 2026 Newsletter: No Participation Medals in the Stock Market

Aptus 3 Pointers, January 2026

Given the popularity of our weekly Market in Pictures, we started the habit of picking out a few and going into more detail with our PMs. In this edition, James, John Luke and Dave spend a few minutes on each of the following:   January Returns Fed Chair Change...
Aptus Q1 2026 Newsletter: No Participation Medals in the Stock Market

Driving Higher CAGRs

“CAGR” – we say that a lot, and for good reason. It stands for Compounded Annual Growth Rate. It’s how your wealth grows. Higher CAGR = Higher terminal wealth. Aptus’ focus is higher terminal wealth rather than the highest “risk-adjusted returns”. Traditional finance,...