Don’t Go Chasing Waterfalls Chasing wa·​ter·​falls | \ ˈwȯ-tər-ˌfȯl (transitive verb) Definition              1 : pursuing an impossible dream   Charlie Ellis is an investment consultant, and one of a handful of thinkers who are truly an individual investor’s best...

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...