The old American left said something like “we all need to work for the common good” while the old right said something like “pay your dues and you’ll achieve the American dream.” The new left says “we are all equal” and the new right says “you ain’t the boss of me.” So, the old left/right combination supported self-sacrifice and a stable hierarchy1

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We are now entering an age of the “Ideological Investor”—an allocator of capital in a world where markets are refracted through geopolitics, technology, and culture, and the stakes could not be higher for retail investors to take note. To navigate this new era, I propose the consideration of three ideological pillars that define investment risk and... See more