2025 Annual Client Letter
2024 Annual Client Letter
This Too Shall Pass
2023 Annual Client Letter
We Have Seen This Movie Before
History vs. Headlines
On Today’s Events in Eastern Europe
2022 Annual Client Letter
Giving Thanks vs. Living Thanks
2021 Mid-Year Client Letter
The Biggest Risk to Your Investments in 2020
Politics and Investing Don’t Mix
Are We in a Bear Market or Bull Market? Take Your Pick!
Coronavirus in America: Is It Finally “Different This Time?”
Coronavirus Update – A View of Tomorrow
Worried Sick About Coronavirus? Time for Another Lifeboat Drill
Investing Lessons From My Father
2019 Annual Client Letter
August 2018 Marks the Longest Bull Market in History
30th Anniversary White Paper
Wall Street Needs More Anthropologists
Why Are Investors Running to the “Safety” of Stocks?
The Stock Market Debate
A Common Stock Christmas Carol
Reflections on the 15th Anniversary of 9-11
Thoughts on “The Brexit”
What Trump Means For Retirement
No Need to Lose Sleep Over the Sell-Off
Tales of Christmas Past
What Do Mao Zedong and Warren Buffett Have in Common?
Optimism is the Only Realism
The End is Not Nigh – We Are Just Getting Started
Lifeboat Drills, Part 2
Lifeboat Drills, Part 1
February 2014
February 2012