Market Updates

“Ain’t nobody ever made no money in bonds?”

February 19, 2004
Februrary 19, 2004 “Ain’t nobody ever made no money in bonds?” Eleven years ago I traveled to Baltimore at the request of a friend, who at that time was managing the local office of Legg Mason. He had asked me to speak with some of the people in t…
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Following the Herd – To Buy or Not to Buy

July 01, 2003
Following the Herd – To Buy or Not to Buy   What is it about the stock market that gives us an overwhelming impulse to zig when we should zag. As markets hit a frenzied pace and good news abounds, we cannot pay enough for the privilege of own…
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