As I grow older, I pay less attention to what men say. I just watch what they do.
March 30, 2012
Imagine resigning from a $500,000 a year job with an open ended future, on principle. Greg Smith, a young Goldman Sachs derivatives salesman, did just that and wrote an OP-ED column published in the New York Times. The next day the story was on the front page. But there is an even bigger story.
Greg Smith said about Goldman, “I...
February 02, 2012
Today we share with you some commentary from our Q4 letter to investors as we recap 2011 and look forward to 2012.
The year 2011 was a challenging one for your equity investors as most market indices underperformed their historical averages. Fortunately, U.S. stocks ended the quarter on a positive note as most major indices posted...
December 22, 2011
It should be no surpise considering today's uncertain economic and political environment that investors have been flocking to dividend-paying stocks. Historically, stocks that pay steady dividends tend to perform better during challenging market environments. As the European debt crisis continues to rattle markets and fears of a global...
November 23, 2011
Today we share an excerpt from our recent Q3 letter to investors to provide some insight on our current bullish market perspective despite a turbulent and uncertain economic environment.
The pessimists seized control of the equity markets during the 3rd quarter assisted in large part by news of the ratings...
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