The Shield of the Americas: A Path for the Disciplined Investor In my previous memo, I shared an observation from a friend living […]
The Shield of the Americas: A Path for the Disciplined Investor View More »
As we begin a new year, we are pleased to report another very successful chapter in our shared pursuit of your most important
2026 Annual Client Letter View More »
In recent weeks, I’ve received more questions than usual about “the market” being in a sell-off. Fueled by media headlines, many investors are
A Show About Nothing View More »
We are happy to report on another very successful year in our shared pursuit of your most cherished lifetime financial goals. Our plan
2025 Annual Client Letter View More »
“As goes January, so goes the year” is a frequently repeated saying these days. Known as the January Barometer, this saying summarizes the
The January Barometer View More »
Imagine that you are a passenger on a ship. The captain informs you that you are cruising at 20 miles per hour and
Is Social Security Going Broke? View More »
Just twelve months ago, our annual client letter began with a look back at global markets in 2022. The Dow, the S&P500, and
2024 Annual Client Letter View More »
We are even more delighted than usual to report to you at midyear on the events of the last six months. Tom, Frank,
2023 Midyear Client Letter View More »
Picture that you are driving on the highway but stuck in bumper-to-bumper traffic. As you crawl along, you notice that the adjacent lane
Changing Lanes: “Balanced” Portfolios View More »
The story is always the same: we hear that Social Security checks might not go out and how government services will imminently shut
