Several years ago, we formulated a few investment principles that defined our approach to the investment markets. In revisiting this particular flyer from years past, I was struck by just how relevant they continue to be. While our approach to investing has evolved,...

Diversification. Harry Markowitz (a Nobel Prize-winning Economist) called it “the only free lunch in investing”. Why, then, when clients ask if it’s wise to have multiple financial advisors, do we recommend against diversifying who is managing their portfolio? Here...

The Importance of having a Long-Term Time Horizon "It is just appalling the nerve strain people put themselves under trying to buy something today and sell it tomorrow. It's a small-win proposition. If you are a truly long-range investor, of which I am practically a...

“In theory, there is no difference between practice and theory.  In practice, there is.”                                                                                                       Yogi Berra In 1950 - to pick a year at random -the S&P 500 index stood at...

  Recently, we’ve received several calls on the crypto mania occupying headlines and winning over investors with the potential of becoming the next great investing frontier.  With further adoption taking place, many investors are asking this question:  Is the...

Zen Buddhism has a concept called mujo, or impermanence - constant change.   It is in fact the only constant that investors can rely on.  Change is, and always has been inevitable.  As investors, we have to accept and accommodate change, understanding that we cannot...

Sometimes we can lose sight of what we are doing (or should be doing). With all the complexities, misinformation, emotions, politics, and just general chaos and ignorance, it is not surprising that investors can lose sight of the fundamentals that surround prudent...

Table Stakes In 1999, at the height of the last technology-telecom-media bubble, the Nasdaq index rose by 84%. By comparison, the Russell Large Cap Value index returned 6.7% while Warren Buffett’s Berkshire Hathaway actually declined by 25%. Following that year, where...