At T&T Capital Management, we avoided the massive losses most investors took from buying bonds at the incredibly low yields that prevailed over the last 15 years.  It was really simple, the interest rate risk wasn’t worth it, regardless of the ridiculous cookie-cutter asset allocation models that most financial advisors use, which almost always must...Read More

2023 has been a really strange year.  AI euphoria has captured the attention of Wall Street and investors.  To be clear, the impact of AI is likely to be as powerful as that of the internet in many respects, or at least on the same wavelength.  With that said, euphoria tends to create bubbles and...Read More

The top 10 stocks in the S&P 500 now account for more than 1/3rd of the value of the S&P 500.  Valuations in this group are vastly elevated compared to their historical levels, highlighted by Nvidia trading at a staggering 41 times sales.  It’s hard not to compare today’s environment in the large cap Technology...Read More