Investment Commentary

December 31, 2016

4th Quarter 2016: Jackson Lake

JACKSON LAKE Back in 1991, two friends, Ben Naylor and Jeff Elias, and I decided […]
December 13, 2016

It’s Always Tuesday Morning: Timing the Market

One Tuesday morning in July of 2008, one of my favorite clients (let’s call him […]
September 30, 2016

3rd Quarter 2016: Market & Economy

MARKET & ECONOMY The third quarter brought much less volatility than we saw in the […]
September 30, 2016

3rd Quarter 2016: Brown Cows & Black Swans

BROWN COWS & BLACK SWANS My niece, Martha Kate (15) was crestfallen when the veterinarian […]
June 30, 2016

2nd Quarter 2016: Market & Economy

MARKET & ECONOMY Much like in the first quarter, the stock market sold off sharply […]
June 30, 2016

2nd Quarter 2016: First Aid Kit

FIRST AID KIT I just spent a fortune on a first aid kit! Next week […]
March 30, 2016

1st Quarter 2016: Market & Economy

MARKET & ECONOMY Global markets started the year with a wild ride. Just looking at […]
March 30, 2016

1st Quarter 2016: Chopping Wood

CHOPPING WOOD My father sent me a text message on the occasion of his seventy-seventh […]