“If there is one common theme to the vast range of the world’s financial crises, it is that excessive debt accumulation, whether by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.” — Carmen Reinhart “In investing, what is comfortable is rarely profitable.” — Robert Arnott Where  Continue Reading >

“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over” … Warren Buffett “Opportunity is missed by most people because it is dressed in overalls and looks like work.” … Thomas Edison Where are we, at the end of March 2021 and YTD? March was an  Continue Reading >

“The most important quality for an investor is temperament, not intellect.” … Warren Buffett “The stock market is filled with individuals who know the price of everything, but the value of nothing.” … Phillip Fisher Where are we, at the end of February 2021? February was a mostly up month for the stock market, as  Continue Reading >

“Imagination is everything. It is the preview of life’s coming attractions.” … Albert Einstein “It is to be regretted that the rich and powerful too often bend the acts of government to their own selfish purposes.” … Andrew Jackson Where are we, at the end of January 2021? January was a mostly down or close  Continue Reading >

“Underlying most arguments against the free market is a lack of belief in freedom itself.” … Milton Friedman “Music is a higher revelation than philosophy.” … Ludwig van Beethoven Where are we, at the end of December 2020 and for the Year 2020? The year 2020 was a remarkable, even astounding year for the stock  Continue Reading >

“Nothing is as permanent as a temporary government program.” … Milton Friedman “Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.” … Ludwig von Mises Where are we, at the end of November 2020? Looking back on the combined two months of September and October, the market indexes  Continue Reading >

“Nobody goes there anymore – it’s too crowded” …. Yogi Berra “A happy person is too satisfied with the present to dwell too much on the future” … Albert Einstein “If a presidential candidate ever emerged with just one platform position – the elimination of the twice-yearly time change – he/she would win in a  Continue Reading >

“The future ain’t what it used to be” …. Yogi Berra “Unthinking respect for authority is the greatest enemy of truth” … Albert Einstein Where are we, at the end of September 2020? This month I am providing year to date (YTD) numbers as well as September month numbers. As I stated last month, it’s  Continue Reading >