A funny thing happened during the month of February that no one could have forecasted. In the middle of February, we hit all-time highs on […]
Happy Holidays and Giving Thanks For a Great Investment Year
We are closing in on the end of one of the best investment years of the decade. We are now enjoying one of the best […]
DMV to administer your health plan, that sounds like a good idea – not!
The month of October 2019 turned out to be quite an extraordinarily good month for investors. Even though the “news of the day” was, in […]
Standing Ovation at Vanderbilt University
Since there was not a whole lot of news in the financial markets during the month of August, I thought I would tell you about […]
“Good judgement comes from experience, and a lot of that comes from bad judgement.” – Will Rogers
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 […]
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 […]