January 10th, 2013
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” Sir Winston Churchill 2012 will be remembered as the year when it wasn’t easy being a long term investor, but it proved to be very rewarding. The “kitchen sink” of significant difficulties plagued investors including: European fiscal union crisis […]
Read more > November 1st, 2012
“In the business world the rear view mirror is always clearer than the windshield.” Warren Buffett Investment Perspective Despite a lack of clarity and many issues to be concerned with, our clients and most long-term investors experienced significant gains in the third quarter (see Part II, Third Quarter Investment Results). Our traditional equity and […]
Read more > July 31st, 2012
“The key to making money in stocks is not to get scared out of them.” Peter Lynch Investment Perspective Life has a way of injecting reality into our good time. The first quarter was a great period for investors, but one should never annualize investment returns after one good quarter. The second quarter ending June 30th […]
Read more > April 30th, 2012
“We must build dykes of courage to hold back the floods of fear.” Martin Luther King, Jr. Investment Perspective We had an excellent first quarter for our equity based strategies, both defensive and traditional with gains as high as 17% (net) for our best performing strategy. This was accomplished despite widespread investor fears that continued […]
Read more > January 30th, 2012
“The economy depends about as much on economists as the weather does on weather forecasters.” Jean Paul Kauffmann Investment Perspective The fourth quarter of 2011 saw equity markets significantly rebound from the sharp downturn experienced in the third quarter. The entire year was a troubling and difficult one for investors as volatility from economic, geopolitical, and natural […]
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