Market Letter

It is worth saying again . . .

Posted on August 24, 2020
It is Worth Saying Again . . .   “Markets generally go up when business is bad, deteriorating, or not significantly improving.” While I cannot take credit for this quotation, it is an extremely valuable nugget of wisdom. It came from a long-time friend and client who also happens to be a very bright thinker […]
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Dark Clouds and Silver Linings

Posted on August 24, 2020
Dark Clouds and Silver Linings   Every twenty years or so, the stock market goes through a purging much like we are seeing today. It is difficult to predict because the timing of these events is so irregular. The last one was in 1987, and the one previous occurred in 1974. This type of washout […]
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January 9th, 2007

Posted on August 24, 2020
January 9th, 2007   When a popular index like the Dow Industrials pushes to new high, a lot of investors appear enormously pleased. Making money in the market seems like a piece of cake. The formula is remarkable simple: buy a few stocks with popular names and hang on to them. Broadcasters like CNBC tend […]
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November 16, 2005

Posted on August 24, 2020
November 16, 2005 “I wanted the gold and I sought it, I scrabbled and mucked like a slave Was it famine or scurvy I fought it, I hurled my youth into a grave. I wanted the gold and I got it, Came out with a fortune last fall, yet somehow life’s not what I thought […]
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