I shared with readers on my Investment Moats Telegram Channel an interesting Stanley Druckenmiller mental model yesterday that I have gotten from Ehren Stanhope of O’Shaughnessy management. I tend to pen some of my personal thoughts about some of this stuff there and so if you would like to join the channel the link is here. Ehren was interviewed by the folks at Validea Capital on a recent paper he wrote titled: The Great Inflation, Factors, and Stock Returns. There is a lot of gems that we can learn more about inflation and the markets, in particular for nerds into factor investing like myself. Why Inflation in the 1970s is very unique Inflation is not a very good thing for almost all except class (as you will see the data later). What worries many of us is whether we will see something similar to the late 1960s to 1970s period....