For ages, we’ve rung bells to mark significant moments.   In medieval times, bells alerted residents of storms, fires, wars and other events, and for centuries church belfries have invited congregants to gather in worship or prayer.  It’s had its place in markets too—for the last 150 years a ringing bell has marked the opening and…

Good afternoon!  We’d wager a bet that many of you (non-video gamers) hadn’t heard of GameStop until recently, but the company has certainly captured national attention in the past few weeks as the stock soared on what in market speak is called a massive “short squeeze.”   For the sake of brevity, we’ll summarize by…

Extraordinary is an apt, though perhaps too kind, word for 2020.  I’m sure we all could come up with a few choice words to describe the past twelve months.  It certainly wasn’t ordinary and it had plenty of “extra”, so I guess we’ll go with that one for now.  Extraordinary is also a good description…

“Sail forth—steer for the deep waters only” – Walt Whitman I recently read “The Shallows” by Nicholas Carr, a finalist for the Pulitzer Prize ten years ago and for me it couldn’t have been more timely as we head into the breathless media coverage of the upcoming election. A mash up of brain science and…

Greetings from the Tschetter Group on this last official day of summer.

Warm summer greetings! Some days it feels like six months and some days six years, but we are indeed now just over halfway through this historic year of 2020. So much for perfect (20/20) vision. Who could’ve guessed what life and the market would’ve presented to us in the coming months when we welcomed this new year and decade back in January?

There are times when restraint and patience may feel like foolishness. In investing, these times typically feature an “obvious thing to do”. During the late 90’s build of the first internet bubble, it seemed obvious that the easy money was betting on the latest Silicon Valley IPO. The business model, prospects for earnings and cash flow, and any real consideration of valuation (paying a reasonable price) was pretty well thrown out the window at the height of the frenzy; all that was required was a “.com” for admission. So “obvious” was the formula for investment success, that some even quit their jobs to day trade and reap the easy rewards.

First of all, let us start by saying we hope this finds you healthy and well. A clear silver lining to this topsy turvy market environment is that we’ve been in frequent touch. Hopefully you’ve found our  weekly letters  helpful and we’ve very much enjoyed the recent phone calls and emails where we get to hear how…

Good morning! Last week, dinner tables—this week, metabolism. The broad scientific definition of metabolism is a set of processes within a living organism that occurs in order to sustain life. For us, we usually refer to the word as how our bodies turn food into useful energy and we’ve been stuck on this idea as a helpful analogy to…

Good Monday morning (again)! Believe us, we’d rather NOT be sending market updates weekly, but things are moving quickly and we hope we can be a helpful voice in the midst of all of this. Our  last two updates  touched on coronavirus as its spread seemed to spark the market turbulence that is now entering its third…