Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
June 15, 2020
When interest rates start to move higher, it will be considered a negative for the economy and the stock market. This reality started in in the middle of the last century. General Motors was the largest corporation in the world, but rising interest rates proved very difficult to overcome. That contrasts sharply with the cash Microsoft, Apple,...
June 08, 2020
In October of 2000 we were invited to speak at the Contrary Opinion Forum in Vergennes Vermont. The Forum had a long history, beginning in the 1960’s, of gathering an eclectic group of speakers which included climatologists, geologists, money managers, family office managers, individual investors, writers etc. The setting was gorgeous. The...