Elm News

Victor on the 'What Happens Next' podcast: "How Should I Invest My Money?"

March 30, 2023 — Victor was recently a guest on Larry Bernstein's What Happens Next in 6 Minutes podcast along with their friend and colleague, Myron Scholes.

Investment Theory

A Missing Piece of the SBF Puzzle

November 28, 2022 — There's been excellent coverage of the public drama surrounding Sam Bankman-Fried, but an important piece of the puzzle has remained under the radar.

Investment Theory

Who Wants Protection Like This?

November 15, 2022 — The S&P 500 is down 15% over the past year, so you'd think it'd be a good time to own some portfolio protection. Unfortunately, that's not the case.

Investment Theory

A Sheep in Wolf’s Clothing

September 26, 2022 — It's convention to take our local currency as the risk-less benchmark - but this assumption, while convenient, can also be misleading.

Elm News

July 2022 Investor Call Q&A with Victor & James

July 25, 2022 — Thank you to all our Elm investors who joined us for our mid-year call!

Reading Lists


Risk & Return


Tax Matters


Inquiries into Investing


Our Investment Approach


Victor Haghani & James White — 2018

Victor Haghani & Richard Dewey — 2016

Victor Haghani & Samantha McBride — 2016

Clifford Asness, Antti Ilmanen & Thomas Maloney — 2015

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