Investment Strategy

“Tonight, old man, you did it! You did it! You did it! You said that you would do it, And indeed you did. I thought that you would rue it; I doubted you’d do it. But now I must admit it That succeed you did.” . . . My Fair Lady (You Did It) Well, […]

After nearly 48 years in this business, we have seen a number of cycles and developed a long-term perspective. We have often spoken about the difference between a “secular bull market” and what many consider to be a bull market because it is up 20%+. The reciprocal is that a 20%+ decline represents a bear […]

We’re an all time high, We’ll change all that’s gone before. Doing so much more than falling in love. On an all time high, We’ll take on the world and wait. So hold on tight, let the flight begin. . . . Rita Coolidge, the movie “All Time High,” James Bond (All Time High) So, […]

We have used this story before, but we like it . . . Around the turn of the century a bandit rode in from Mexico, robbed a small Texas bank and fled back across the border. A Texas Ranger picked up his trail and nabbed him in a Mexican village. The bandit spoke no English […]