Investment Strategy

“The true prophet is not he who predicts the future, but he who reads history and reveals the present.” . . . Eric Hoffer, an American moral and social philosopher. He was the author of ten books and was awarded the Presidential Medal of Freedom in February 1983. We could almost hear our history professor […]

Up until last Monday (October 29, 2018) we had focused on our short-term model’s “sell signal” of October 2, 2018. The “S” word alone makes most investors uneasy. They find the “B” word, “buying” more pleasant. The reason for this is perhaps best explained in a book written by Justin and Robert Mamis titled “When […]

Linda Greenlaw, warning Billy over the radio: “Billy? Get outta there! Come about! Let it- let it carry you out of there! What the hell are you doing? Billy! For Christ sake! You’re steaming into a bomb! Turn around for Christ sake! Billy, can ya hear me? You’re headed right for the middle of the […]

My friend and mentor Ray DeVoe use to say that going over old reports can be an exercise in humility, as you cringe while reading some errant forecast of another time. “How could I have been so stupid?” is the unsaid reaction. On the other hand it can be an ego trip, as you proudly […]