Semi-annually our team produces a client letter highlighting current market trends, investment ideas and other information that we think our clients will find valuable. We invite you to explore the archive of our recent client letters below and reach out to us if there are issues you would like to discuss. We would love to hear from you.
January 10, 2023
"If something cannot go on forever, it will stop."
July 12, 2022 - This is one of those times--common amidst Bear Markets--when clarity, logic, common sense and predictability simply get mauled.
January 10, 2022 - "Nothing concentrates the mind like the prospect of being hanged in the morning."
July 16, 2021 - "Stuff"
April 2, 2021 - Based on the performance of financial stocks over the past year.., there clearly has been money in the banks
February 12, 2021 - "Well, here's another fine mess you've gotten me into."
January 8, 2021 - We always strive...to be both informative and entertaining. Somehow, at this time, that aspiration seems like a bridge awfully far
December 31, 2020 - “Should auld acquaintance be forgot"... Yet another holiday lost to Covid…New Year’s Eve...Read more.
November 25, 2020 - This is the third or fourth time in the past ten years that we have relied upon Yogi to set the stage...
October 7, 2020 - The year 2020 may be the longest “long, long while” that many of us will ever experience.
September 10, 2020 - It’s déjà vu all over again…
August 7, 2020 - When we started writing these letters...we had no idea we would still be writing them in August.
July 3, 2020 - The last regular client letter we wrote to you ... in January was, without question, the most bearish we have written....
June 18, 2020 - “The best way to ride a horse is to go the same way the horse is going.”
May 29, 2020 - There it is: the inevitable sign that summer is upon us.
May 15. 2020 - Alright. We admit it. Paul would not be please with a hijacking of his heart-wrenching lyrics
April 30, 2020 - It is amazing how fast sentiment can change.
April 17, 2020 - What do we know? That we’ll get through it.
April 1, 2020 - It is better to be vaguely right than exactly wrong.
March 18, 2020 - Work the Problem People.
March 9, 2020 - There is nothing investors hate more than uncertainty...
January 10, 2020 - It’s later out there than it used to be.
July 2019 - They call it Fed Speak.
January 2019 - Exit, pursued by bear...
July 2018 - It's quiet. Too quiet
January 2018 - Nothing succeeds Like excess
July 2017 - What, me worry?
January 2017 - Come gather ’round people wherever you roam...
July 2016 – There must be some kind of way out of here ...
January 2016 – Double, double toil and trouble, fire burn, and cauldron bubble…
August 2015 – Everyone has a plan until they get punched in the face.
July 2015 – I’m as mad as Hell and I’m not going to take this anymore!
February 2015 – Too much of a good thing is wonderful!
July 2014 – You don't know who is swimming naked until the tide goes out.
If any of these topics spurs a question or investment idea you would like to discuss, please feel free to contact us anytime. We would value the opportunity to speak with you.