“The thing we call money is just an information system for labor allocation. What actually matters is making goods & providing services. We should look at
“The only title in our republic superior to that of President is the title of Citizen”
– Lois D Brandeis (U.S. Supreme Court Justice)
There’s no question
“The greatest discovery of my generation is that human beings can alter their lives by altering their attitude“ – William James
As you know, the
What a crazy week and month it has been so far, it seems we have weathered a full year’s worth of news in the span of a week. The Dow has dropped over 30% from
Every January, I send my clients a letter titled The Year in Review, where together we look back at the year that was. What were the highlights? What were the
“The Fed is very smart, but it doesn’t run the markets. In the end, the markets will run the Fed. The markets are bigger than any man or any group of men
“To know value, is to know the meaning of the market.” – Charles Dow
Over the last 30 days, you’ve probably seen or heard some combination of the following
“We are now in a bear market – here’s what that means.”
– CNBC headline on December 24, 2018
“The stock market rally to start 2019 is one for the history
“If everybody is thinking alike, then somebody isn’t thinking” – General George S. Patton, Jr.
Every January, it’s customary to look back at the year that was
“The Crowd is Wrong at Extremes and Right in Between”
– Old Wall Street Adage
Okay, let’s all take a deep breath. It’s been a rough fourth quarter for the
