ArcheAnalytics | Alessandro Langeli | Substack

ArcheAnalytics

Finance from First Principles

By Alessandro Langeli

· Launched 8 months ago

Manufactured Demand

One of the newer developments within finance is the increasing tendency for financial products to be marketed not in response to existing demand, but…

Jun 10•Alessandro Langeli

1

The Contradiction of Financial Advisory

At the center of financial advisory rests a contradiction so obvious that once seen, it becomes difficult to ignore.

Jun 8•Alessandro Langeli

1

The Lost Decade

The idea of the “lost decade” has become one of the most widely repeated narratives in investing.

Apr 17•Alessandro Langeli

2

Recent Posts

On Preferred Shares

Income-oriented investors are often faced with a simple question: should one allocate capital toward bonds or toward preferred shares?

Mar 13•Alessandro Langeli

2

Following The Money

There is a principle in finance that states capital will always flow to where it makes the highest risk-adjusted return.

Mar 11•Alessandro Langeli

2

On The Nature Of Credit

We have spoken of investment dealers and financial actors - suppliers and users of capital; however, we have yet to discuss the nature of capital…

Mar 9•Alessandro Langeli

4

A Note On Investment Dealers And The Two Types of Markets

Investment dealers are institutions that act as intermediaries between suppliers of capital and users of capital.

Mar 6•Alessandro Langeli

3

On The Role of Financial Intermediaries

Given the most fundamental relationship in finance is present between suppliers and users of capital, the most fundamental role, then, is the linking of…

Mar 4•Alessandro Langeli

1

On Suppliers And Users Of Capital

Understanding the most basic distinction in finance

Mar 4•Alessandro Langeli