Archive

Nuggets from The Oracle of Omaha

Warren Buffett sent his letter to shareholders over the weekend.  While there are so many factors that make him possibly the greatest investor, his ability to communicate with the masses has to be near the top of the list.  While not everyone wants to read the entire 28 page letter (although I would recommend it), […]

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Brexit, Exit Update

With the resolution of the appropriate, legal path for the implementation of Brexit, the British House of Commons began debating the issue on January 31.  It is currently expected that a final bill will be approved by early March, after which, negotiations with the European Union (EU) can commence.  This process may take some time. […]

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Dow 100,000

Unless the U.S. economy enters into an extended period of negative growth, Dow 100,000 is not a question of whether, but rather, when. The Dow Jones Industrial Average reached 100 in January 1906, 1,000 in November 1972 and 10,000 in March of 1999.  In mathematical terms, growth can be arithmetic, where gains are linear, or […]

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Momentum

During almost any sports broadcast, you hear the word “momentum”, which psychologists define as psychological momentum.  Of course, the key question is, does it exist, is it just a temporary shift in confidence or mood, or does it actually change the outcome of a game or a season? “The Oxford Dictionary of Sport Science” defines […]

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Forecasting Investment Returns

This is never easy, but the board of the largest U.S. pension fund is taking a new look at what the future might bring.  The California Public Employee’s Retirement System (Calpers) plans to lower the current 7.5% goal to 7.0%, phased in over the next thee years. With this decision, Calpers is changing its business […]

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“Much Ado About Nothing”/”The Art of the Deal”

First, credits to William Shakespeare and Donald Trump. Now, the “Much Ado About Nothing” part of the discussion.  Recently, Mr. Trump has expressed displeasure regarding several auto industry vehicle assembly strategies.  He criticized GM for importing a few thousand Chevy Cruzes from Mexico, even though nearly all Cruzes, for sale in the US, are assembled […]

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