Investment Strategy

Most people acknowledge that losses will happen regardless of the type of business venture. A light bulb manufacturer knows that two out of three hundred bulbs will break. A fruit dealer knows that two out of every one hundred apples will rot. Losses per se don’t bother them; unexpected losses and losing on balance does. […]

Winter officially began last Sunday, with the arrival of the winter solstice. Recall that solstice means “standing-still sun;” and on December 21 at 5:23 p.m. EST the sun stood still over the southern Pacific Ocean (Tropic of Capricorn). At that time the sun’s rays were directly overhead, giving the impression the sun was truly standing […]

“Give me a ticket for an aeroplane I ain’t got time to take no fast train Oh, the lonely days are gone I’m coming home Oh, my baby she wrote me a letter” . . . The Box Tops: The Letter So, we obviously entertain hundreds of emails daily. Even more so since Andrew Adams […]

“After 28 years at this post, and 22 years before this in money management, I can sum up whatever wisdom I have accumulated this way: The trick is not to be the hottest stock-picker, the winning forecaster, or the developer of the neatest model; such victories are transient. The trick is to survive. Performing that […]