Jan 13, 2023
We are wasting our time listening to or reading commentary from so-called “Wall Street Experts.” Sad but true, rats are smarter than us and we should spend more time learning from them, rather than learning from the “brilliant experts” trotted out by the media. The 1999 Nobel Prize for economics was awarded to Professors Vernon…
Sep 30, 2022
I believe we are already in a “recession,” but for reasons not seen during any other recession in my lifetime (nor my parents’ or even my grandparents’ lifetimes). I know hundreds of business owners. They reside both in our country and abroad. They all tell me the same story. Their business is experiencing record profits,…
Jun 30, 2022
A long term client recently posed a fascinating question to me. He was dejected about seeing his portfolio decline this year, so I said to him, “Greg (his name is not really Greg), I know this year has been tough. But remember that you and I have been through a lot of bad markets. There…
Mar 31, 2022
The greatest magic show I ever saw was performed by the famous illusionists, “Penn & Teller.” It was during a family vacation in Las Vegas about fifteen years ago, and to this day I cannot figure out how they did this trick. The stage was a semi-circle, with the audience on three sides. They…
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