A Few Random Investment Thoughts

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...

A Few Simple Thoughts

“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...

To the Moon?

  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...

Real Companies, Real People

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...

A Picture’s Worth a Thousand Words

  In our recent quarterly reports to clients, we included a new graph entitled “Capital Flows.” Each is unique to an individual client, and often tells a very powerful story by illustrating the benefits of long-term investing. Below are a few sample graphs from...