Quarterly updates
Take the longer view.
Markets, macroeconomics and the forces shaping the investment landscape.
These links open original Gryphon publications, which retain their original authorship, branding and disclosures. Commentary is for information only and is not a personal recommendation or an offer to buy or sell an investment. It reflects its publication date.
Q1 2026: A Quarter Like No Other
“Markets, Macro & the Fog of War” — a personal update from Leonard Watson, Portfolio Manager.
PDF · Original Gryphon publication
Read the Q1 2026 quarterly narrative
Original quarterly updates · Gryphon