The stock market, as represented by the S&P 500, began 2025 on a positive note advancing nearly 5% through mid-February and hitting an all-time high of 6,147.  The market then proceeded to enter correction territory (defined as a 10% decline from the most recent peak) through March 13th.  We recognize this downturn caught many off…

  “Creativity is intelligence having fun.” – Albert Einstein   As we close 2024 and look ahead to this new year, our team is immensely grateful for your trust and engagement in this partnership journey as we work to cultivate and fulfill your unique intentions for wealth. Thank you.   We’re also happy to report…

The United States of America has survived another presidential election, and we are confident in the smooth transition of power come January.  Most domestic stock market indexes (e.g., the Dow Jones, S&P 500, Russell 1000, etc.) are trading near all-time highs and continuing their upward movement seen over the past two years.  As we opined…

Was That a Speed Bump or Sink Hole? In just 14 trading days from mid-July to early August, the S&P 500 sold off over 8%. Although periods of negative returns never feel good, market corrections are inevitable and part of the process of achieving attractive long-term returns. It is times like these that remind us of the importance…

Forty Thousand. That’s the level the Dow Jones Industrial Index passed last week—an all-time high. The S&P 500 is also at record levels. All seems good. Maybe too good. The stock market, as defined by either the Dow Jones Industrial Index or the S&P 500, seems to push higher on a weekly basis. This may lead to complacency and…

“In the physical world, great buildings are linked to their architect while those who had poured the concrete or installed the windows are soon forgotten.  Berkshire has become a great company.  Though I have long been in charge of the construction crew; Charlie should forever be credited with being the architect.” – Warren Buffet This…

Every few years, we find ourselves inundated by presidential election-related news, noise, and campaign ads. It can be a deafening drumbeat of scare tactics, exaggerations, and unattainable promises, all aimed at swaying voters one way or another. In the last presidential election cycle (2019-2020), the Federal Election Committee reported that presidential campaigns spent $4.1 billion,…

“You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long, time.” – Charlie Munger                                                                                                                                                Happy 2024!  We are grateful to roll into this new year with you and pleased to report strong portfolio results for the year just ended. At the end of…

“Speed is irrelevant if you are going in the wrong direction.” – Mahatma Ghandi Is it just us, or does everything just seem to move faster these days? We’ve long known the world (and hence markets) to be a noisy place, full of all sorts of things vying for our attention, but our always-on media…

“The only time to eat diet food is while you’re waiting for the steak to cook.” – Julia Child   I love the taste of an ice-cold Diet Coke. Especially with Mexican food. Apparently, the World Health Organization thinks I should not have too much of it though. Something about the artificial sweetener, I guess.…