This weekend, Warren Buffett’s Berkshire Hathaway holds its annual meeting where investors flock to Omaha Nebraska to listen to the valuable insights offered by Buffett and his partner Charlie Munger.  It’s a great time to reflect on why these investors have been so successful and how it can be applied to our own investments.  Today,...Read More

It’s that time of the quarter where we see what many of the biggest and most successful investors have been buying.  Needless to say, I was very pleased to see that Warren Buffett and Berkshire Hathaway had bought sizable stakes into both Citigroup and Paramount, and a smaller stake in Ally Financial.  These are three...Read More

I’d like to draw your attention to the images above.  The graph on the left highlights the sharp divergence between momentum growth stocks and value stocks.  That is a 55% divergence and is one of the most shocking divides between growth and momentum in history, if not the most.  The only comparable is during the...Read More

On Saturday, Berkshire Hathaway hosted its annual shareholder meeting, which had a different feel, taking place in an empty auditorium, and without the great Charlie Munger being by his side.  Despite that, the meeting had a lot of great information, during these immensely precarious times.  Overall Buffett, is always bullish long-term on America, and on...Read More

It has been an interesting week with a great start and a terrible finish for the markets.  We know there is going to be volatility so I wouldn’t see it as much of a surprise.  I’ve written a lot lately, so I’ll just pass on this great video of Rob Arnott of Research Affiliates, one...Read More

The Covid-19 health crisis continues to evolve globally, and slowly we are learning more about the virus.  There have been quite a few serology studies in various regions of the country, where they are examining how many people possess Covid-19 antibodies.  The results of the studies seem to indicate that the true number of infected...Read More

The vicious Covid-19 Pandemic is one of the most interesting and tragic times in history.  Right now, we are at an inflection point.  New cases, hospitalizations and deaths, are declining in Spain and Italy.  Deaths are likely peaking this week and early next week in our hardest hit areas of New York and New Jersey. ...Read More

Well, that was one awful week that we just had, for much of the world, and certainly in financial markets.  I know I feel like I aged a decade this week.  The stock market has been increasingly worried about this Coronavirus over the last few weeks, leading to increased volatility and large selloffs.  This, combined...Read More

Most financial advice starts with an asset allocation model.  These asset allocation models typically use information from the past, typically the last 30-40 years or so, and then project that into the future.  The big flaw in the process is that they don’t factor in changes in starting conditions and valuations.  For instance, on January...Read More

This morning I was reading an interesting Bloomberg article on the lack of savings being accumulated by a large percentage of the population, including those earning between $100-$150K per year. Astonishingly in the survey, close to 50% of those have less than $1,000 in savings, and about 18% have absolutely nothing. Even those who earn...Read More