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May 31, 2023
White oaks are large, deciduous trees native to eastern North America. The wood is valued for its strength, durability, and resistance to decay.
December 31, 2022
Though we haven’t entered a recession yet, there can be no doubt that the anticipation is having an impact. The changing investor sentiment is making its way through the economy.
March 9, 2021
March 9, 2021 It has always puzzled us when relatively recent history repeats itself, especially since we have the ability to study and apply lessons from the past and alter our behavior. Nevertheless, we feel we are reliving 1999 and 2000 today, with the current dramatic rise in the share prices of a select group of securities, the rush to own them at any price, and the unrelenting activity of a new crop of market participants. Anecdotes can be a crutch for writers because there’s always o...
January 19, 2021
January 19, 2021 “…the most dramatic thing that’s almost ever happened in the entire world history of finance.” – Charlie Munger when discussing the current stock market environment. There is a saying in the investment world, “You might know when you are in an investment bubble but still have no clue when or how it pops.” As we end 2020, we know we are in a bubble. We have no idea when it will pop, or what pin will pop it. There is another saying, “The market tends to deliver ...