Week of January 16, 2023 Notwithstanding positive developments on inflation from CPI data released last week, comments from varying Federal Reserve Board Governors suggests an unwavering stance towards subduing the inflation beast. In the short term, this can be construed as a negative (although equity prices have largely advanced in 2023 as intermediate term interest … Continued

We have always believed that management was important, as noted in our blogs of July 18, 2013, “Does Management Matter?” and October 12, 2015, “Management Matters.”  Recently, management seems to have become, more than ever, headline news.  Consider Bob Iger’s return to Disney and the antics of Elon Musk and his unfathomable purchase of Twitter.  … Continued

Week of January 9, 2023 “Stair-Climbing Wheelchairs, Closed-Caption Glasses: Assistive Tech Gains at CES in Las Vegas” reads the headline in the Wall Street Journal article of January 6, 2023. With the Fed fighting inflation, and the Russians attacking the Ukrainians, it is easy to lose sight of developments that cumulate to advance the cause … Continued

Wikipedia defines due diligence as the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract with another party. While much is still unknown regarding the debacle associated with FTX, one thing is abundantly clear, there was an almost universal and appalling … Continued

Week of January 2, 2023 The new year equates, for many, to a fresh start. Still, we are reminded of time tested principles that have resulted in long term success and wealth accumulation in investing. In large part, this is a function of productivity growth, which leads to enhanced enterprise profitability. Innovative companies are the … Continued