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.

• 16 May, 2019

  Bring Home the Bacon

  Bacon sure is popular. McDonalds, which probably has the best pulse on Americans culinary tastes, introduced Cheesy ...

• 1 Apr, 2015

  New Owners

  A few years, I was at a conference, standing in a buffet line. I must have become fixated on extracting the blueberries ...

• 30 Apr, 2015

  Seven Lean Years? Done in Seven Minutes

  In Genesis (41:27), Joseph interprets Pharaoh's dream of 7 fat cows followed by 7 lean (and apparently, ugly) cows, as ...