Excessive Optimism And Rampant Speculation

A discussion of speculation and unrestrained enthusiasm for high growth in today’s equity markets.

2021 Outlook – Change Is In The Air

While stocks proved to be a roller-coaster ride in 2020, bonds fulfilled their typical defensive role, and then some.

Our objective is to build lasting value for our clients over time regardless of the moral hazards in vogue today.

Having the means to save and contribute even a small amount consistently each year makes the concept of compounding even more compelling.

We examine each client’s individual circumstances in the framework of both risk capacity and risk appetite.

When investing in consumer-oriented businesses, our personal experiences with the products and services inevitably come into play.