Bull Markets and Bear Markets are such momentous events that they tend to fixate investor attention to the exclusion of more important matters. Most people, for example, would define a “market cycle” with reference to Bulls and Bears.
So far in our increasingly exciting investment contest, it’s been a positive experience all around. For the first three years the capital markets rose relentlessly: a modestly positive first year followed by two terrific Bull Market years. But things are about to change.
Last week we observed how our investment competitors fared as they navigated a boring, so-so market environment. But this week things get more interesting.
Last week we asked Mr. Market to establish the playing field for our investment contest. This week we’ll check in to see how our contestants are faring.
On the last day of March, we launched our own, far more interesting version of March Madness, namely, an investment contest. Our contest features the Investing Final Four, that is, the four main kinds of investors I’ve encountered in a long and checkered career in the financial advisory business. But…
I’ve been in the business of advising wealthy families for 40 years. (Actually, it’s been longer than that, but I’ve reached the age where everything gets rounded down.)
“What have future generations ever done for us?” – Groucho Marx Last week we took on the controversial subject of climate change. This week, just to demonstrate how reckless a humble blogger can be, we’ll return to the scene of the crime and do it all over again.
In my last post we looked at the need for “change” in one controversial domestic sector, education. But since that wasn’t nearly contentious enough (I only got about 400,000 death threats), let’s move on to something really controversial: climate change.
In my last few posts we looked at some of the more controversial “changes” in the international arena that seem to be demanded. Now we’ll turn to the domestic sector, beginning with education.
Last week we examined one of the “changes” Americans are looking for, and we focused on Russia. This week let’s look at a remarkably similar situation, namely: Israel As with Russia, when Barack Obama left office America’s relations with Israel had hit rock bottom, as bad as they had been…
Last week we solved the problem of reforming a defective Affordable Care Act in a simple and brilliant manner. Alas, not all the changes Americans want — and voted for — will be so simple to effect. For example, let’s turn to:
In my last post I breathlessly announced that I held the solution to the American healthcare dilemma in my hot little hands. While the hapless Republicans and Democrats are stumbling around blaming each other and wishing the healthcare issue would just blow away, your humble blogger has solved the problem…
In my last post we observed how overwhelming the desire for “change” is in America, and we also paused to notice the penalty the Democratic Party has paid for ignoring voters’ wishes. In this post and the ones that follow, I will touch on some of the more important policies…
