One of my favorite colloquialisms is “50% of something is better than 100% of nothing.”... Read More

One of my favorite colloquialisms is “50% of something is better than 100% of nothing.” It’s best when said with a grizzled Southern accent with a big dip of Copenhagen wedged in... Read More

In show business, you’re only as good as your last hit whether it’s a play, movie, or... Read More

In show business, you’re only as good as your last hit whether it’s a play, movie, or song. Oddly, the pharmaceutical business used to be the same way. As a young pup in the mid... Read More

When markets are rocking and rolling, pundits and soothsayers love to throw around the phrase,... Read More

When markets are rocking and rolling, pundits and soothsayers love to throw around the phrase, “priced for perfection”. This means that a company’s stock is priced correctly (usually too high)... Read More

As the talking heads and market pundits wring their hands and spout off, it seems that the... Read More

As the talking heads and market pundits wring their hands and spout off, it seems that the consensus bogeyman is an inverted yield curve. But what is that exactly? —Recommended Link— Good... Read More

If 2018’s stock market behavior was an amusement park ride, potential riders would probably... Read More

If 2018’s stock market behavior was an amusement park ride, potential riders would probably be required to read a 60-page warning booklet and sign a release. “All Over The Road”... Read More

One of Warren Buffett’s most famous quips is that his ideal holding period for a stock is... Read More

One of Warren Buffett’s most famous quips is that his ideal holding period for a stock is forever. Naturally, there’s much more to it than that. The most important element, of course, is the... Read More

After a spectacular, virtually volatility-free bull run, equity markets are a little jittery these... Read More

After a spectacular, virtually volatility-free bull run, equity markets are a little jittery these days. The excuses, like in the classic film by the same title, are the usual suspects. The Fed is... Read More

Bill Gates, Microsoft (NASDAQ: MSFT) founder and internet godfather, penned an essay in 1996 that... Read More

Bill Gates, Microsoft (NASDAQ: MSFT) founder and internet godfather, penned an essay in 1996 that contained the now famous quote “content is king.” Gates’ thesis was that the internet would... Read More

There’s an old Wall Street maxim: “You never go broke taking a profit.”... Read More

There’s an old Wall Street maxim: “You never go broke taking a profit.”  However, for most investors, especially those of us who are humans, that’s easier said than done.... Read More

Right at the onset of World War II, the British Ministry of Information produced a simple poster... Read More

Right at the onset of World War II, the British Ministry of Information produced a simple poster that would become an iconic piece of pop art. Originally intended to be a public morale booster, the... Read More