January 2023 Investment Update

January 2023 Investment Update

January 2023 Monthly Investment Update Even When Traveling Through a Storm, Some Paths Are More Pleasant Than Others “It can be very expensive to try to convince the markets you are right.” –Ed Seykota We can’t control the market. This should be self-evident, but it...
December 2022 Investment Update

December 2022 Investment Update

December 2022 Monthly Investment Update Which Is Better: Consistently Good or Occasionally Great? “The first rule of compounding: Never interrupt it unnecessarily.” –Charlie Munger   Compounding. It’s in virtually everything we do. It’s a word that...
November 2022 Investment Update

November 2022 Investment Update

November 2022 Monthly Investment Update Under the Surface of a Bear Market Rally “…learn enough from history to bear reality patiently, and to respect one another’s delusions.” –Will Durant   There have been a lot of talks this year about uncertainty....
October 2022 Investment Update

October 2022 Investment Update

October 2022 Monthly Investment Update Is 2022 Mirroring 2008?  “Our patience will achieve more than our force.” –Edmund Burke   In recent conversations with family members who know we are in the investment world but don’t fully understand what it is that we do,...
September 2022 Investment Update

September 2022 Investment Update

September 2022 Monthly Investment Update The Implications of Trying to ‘Buy the Dip’ “Moving first is a tactic, not a goal.” ― Peter Thiel   In a financial services world where many make a living by selling their thoughts and opinions about the future, we...
August 2022 Investment Update

August 2022 Investment Update

August 2022 Monthly Investment Update Inaction is a Form of Action  “Books serve to show a man that those original thoughts of his aren’t very new after all.” ― Abraham Lincoln   Over the past several months, we have consistently been asked if 2022 is...