Didier Darcet
18 March 2022

Live Stress Test

In February of this year, we published a series of three letters about the Rentier’s portfolio. The Rentier wishes to stay rich (not get rich), to live off the revenues of their capital, and to sleep well at night…

A few days later, the Ukrainian war started and energy prices, rare earth prices, wheat, equities, bonds, and gold massively went up and down by the day, and all over the place. And who bets it’s all over?

Let’s look at a live stress test of the Rentier’s portfolio.