Investment Management for Families & Institutions

David Thomas Guest column: The Truth About Capitalism Read the full article at NOLA.COM Capitalism has lifted more people out

SpaceX launched their historic IPO on June 12, 2026, the largest in history with the company’s valuation surpassing $2 trillion. In their wake, it is tempting to believe that some trees can really grow all the way to space.

The history of the market delivers a consistent reminder: neither trees nor stocks grow to the sky or to space. Assumptions of infinite growth within our finite reality have proven costly time and again.