U.S. equity markets have had a good year. The prices of the indices themselves sit at all-time... Read More

U.S. equity markets have had a good year. The prices of the indices themselves sit at all-time highs while year-to-date returns have given investors reason to celebrate. The Dow Jones Industrial... Read More

One of my favorite scenes from the brilliant Steve Martin film The Jerk was when the deranged... Read More

One of my favorite scenes from the brilliant Steve Martin film The Jerk was when the deranged sniper played by C. Emmett Walsh is firing at Martin’s character, the hapless gas station attendant... Read More

I had a busy summer. Whether it was helping one son with his Eagle Scout project, shuttling the... Read More

I had a busy summer. Whether it was helping one son with his Eagle Scout project, shuttling the other one to out-of-state lacrosse tournaments for his summer travel team, or expanding my business,... Read More

I’m convinced that no one gets a bargain when it comes to buying a new car or showroom... Read More

I’m convinced that no one gets a bargain when it comes to buying a new car or showroom furniture. Those deals just don’t exist. But when some investors say the market is too expensive,... Read More

If baseball great Yogi Berra looked at a 20-year chart of the Nasdaq Composite Index, he might say... Read More

If baseball great Yogi Berra looked at a 20-year chart of the Nasdaq Composite Index, he might say that it’s “Déjà vu all over again.” To those who lived through the tech bubble,... Read More

Here we are again at the halfway point in another trading year. What’s happened? What’s... Read More

Here we are again at the halfway point in another trading year. What’s happened? What’s going to happen? I’m not sure of what will happen going forward. But we can look in the... Read More

Recently, much of my work had focused on the role interest rates play in the current state of... Read More

Recently, much of my work had focused on the role interest rates play in the current state of financial markets. While the Federal Reserve has raised rates, the anticipated upward movement of real... Read More

I wasn’t a very good physics student in high school. I was a writing, reading, and history... Read More

I wasn’t a very good physics student in high school. I was a writing, reading, and history guy. But I do remember Newton’s Third Law: “For every action, there is an equal and... Read More

Warren Buffett became one of the richest men on the planet by making smart investments in what many... Read More

Warren Buffett became one of the richest men on the planet by making smart investments in what many would consider boring, unglamorous businesses. Property-casualty insurance, railroads, soft serve... Read More

Around our house, the month of May always seems to be unusually hectic. My wife is a teacher, so... Read More

Around our house, the month of May always seems to be unusually hectic. My wife is a teacher, so she is buttoning up her school year. My teenagers are furiously studying for and taking exams. Often,... Read More