The title of this blog has a lot of meaning to someone like me who has been in this business for over 40 years. So […]
Category: Blog
Why do we fear prosperity? Understanding the wealth effect.
This has been a very unusual and exciting month in the financial markets. We have received unbelievably overwhelming positive economic news, yet for some reason […]
Best stock market quarter in over a decade, and reflections on our first 40 years investing.
As we end the first quarter of 2019 you cannot help but be impressed by the stock market’s performance in the first quarter after the […]