“A good leader takes a little more than his share of the blame, a little less than her share of the credit.” – Arnold H. Glasow Where are we, at the end of August 2021? All the stock market indexes were up nicely in August. The NYSE Composite index was up 1.5%, representing the AVERAGE Continue Reading >
July Account Performance and Investment Commentary
“”We’re seeing very substantial inflation. We’re raising prices; people are raising prices to us. And it’s being accepted.” – Warren Buffet at his May meeting of shareholders. Consumer prices jumped 5% in May 2021 year over year. Where are we, at the end of July 2021? We have the world we live in and we Continue Reading >
May 2021 Investment Commentary and Account Performance
“Look before, or you’ll find yourself behind.” — Benjamin Franklin Where are we, at the end of May 2021? While we bounced back in April, some of our funds lagged in May. The main culprit was our technology funds. We made so much in the way of excess gains over the last few years with Continue Reading >
April 2021 Investment Commentary
“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 >
March 2021 and YTD Account Performance and Investment Commentary
“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 >
February 2021 Commentary and Investment Returns
“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 >
January 2021 Account Performance and Investment Commentary
“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 >
December 2020 and Year 2020 Account Performance and Investment Commentary
“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 >
November 2020 Account Performance and Investment Commentary
“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 >
October 2020 Account Performance and Investment Commentary
“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 >
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