Old Age

It’s been 3 years since US equities have corrected more than 10%. But there’s no law about how long rallies can last without a correction.

In any event, as diversified, well-positioned investors (as, of course, we believe we are), does it really matter if stocks fall 10%? or 20%? If it does matter, you probably have the wrong portfolio. For the rest of us, volatility really does equal opportunity.

• 25 Feb, 2020

  Put Down the Gun

  Tombstone, Arizona is a small town of around 1300 folks along the Mexican border. In 1881, it swelled with more than ...

• 24 May, 2016

  Floating Oil

  Oil has had a nice recovery this year (see graph for Brent, YTD), up about 18% to over $48/barrel today. Of course, this ...

• 16 Dec, 2021

  Rick

  To fail or to suffice? It doesnt quite have the cadence of Shakespeare, admittedly. It is not the existential question ...