Jan 1, 2018 | Monthly Commentaries
“Gravity wants to bring me down.” John Mayer Since the Great Recession of 2008, interest rates, like early aviators, have had to contend with the power of gravity. But while the Wright Brothers were dealing with a natural physical force, the downward...Dec 1, 2017 | Monthly Commentaries
“Children now love luxury. They have bad manners, contempt for authority, disrespect their elders, and love talking instead of exercise.” Socrates It is every generation’s prerogative to opine on and decry the ones that follow. But instead of shaking their...Nov 1, 2017 | Monthly Commentaries
“Doing nothing is very hard to do…you never know when you’re finished.” Leslie Nielsen In a world that values and incentivizes action, ‘doing nothing’ carries with it certain negative connotations. It conjures up images of laziness and complacency or...Oct 1, 2017 | Monthly Commentaries
“Choices are the hinges of destiny.” Pythagoras Amidst all the catchy click-here headlines, several contenders vie for the title of ‘the most important investment decision you’ll ever make.’ Setting aside the hyperbole of ‘the most important ever’ and...Sep 1, 2017 | Monthly Commentaries
“The road to hell is paved with good intentions.” Proverb One of the great dilemmas in moral philosophy is whether actions should be judged based on their intentions or consequences. The difficulty, of course, arises when the impact of our intentions are...Aug 1, 2017 | Monthly Commentaries
“Using volatility as a measure of risk is nuts.” Charlie Munger The future is full of possibilities, some good some bad. Risk comes from not knowing which of them will come to pass. Given it’s impossible to imagine and consider every potential outcome, we...
