And the Winner Is…

And the Winner Is… I read an interesting article on Morningstar that compares Cisco and NVIDIA, asking if Cisco’s fall from grace will be repeated by NVIDIA. The simple answer is – Yes, of course it will. The difficult question is when that will happen. Back at the peak of the internet bubble, as we transitioned […]
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Homebuilder Stocks Outperformance in 2023

Homebuilder Stocks Outperformance in 2023 Homebuilder stocks are performing well in 2023 due to several factors affecting the U.S. housing market: Tight Housing Market: The U.S. housing market is experiencing a tightening, with an already undersupplied housing market seeing strong demand, especially for new homes. This demand is further fueled by the fact that fewer […]
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Munger-isms

Munger-isms The term ‘down home billionaire’ would seem contradictory, unless you were familiar with Charlie Munger, Warren Buffett’s right-hand man at Berkshire Hathaway since 1978 and friend since 1959. Charlie Munger passed this week at age 99, just a few weeks short of his 100th birthday. Warren Buffett once said of Charlie” “Marches to the […]
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Can’t Wait!

Can’t Wait! With Thanksgiving behind us, Christmas looms as the next big event. Is this a Santa Claus rally or the beginning of a new bull market? One thing we know about this market is that Wall St. is very much like those kids expecting Santa Claus’s arrival. They can’t wait. It seems this market […]
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U-Turns

U-Turns For the last 18 months, single data points have regularly surprised the markets in both directions, inciting highly uncertain investors to project forward a “changed” economic outlook. This has led to rapid whipsaws of both bond and stock prices, and this past week was no exception. The CPI report triggered a substantial decline in […]
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A Big Waste Of Time

A Big Waste Of Time It is crucial for investors to stay disciplined and adhere to their investment strategy, tuning out distracting opinions and market speculations. While it can be challenging to ignore the flurry of bullish and bearish arguments, maintaining focus on your long-term plan is key. Shifting your strategy based on market or […]
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Fare Thee Well

Fare Thee Well A couple of weeks ago, Wall St. lost one of its icons, Byron Wein, at the ripe age of 90. Byron had an illustrious career on Wall St., but is probably best remembered for is annual ’10 Surprises’. A surprise was defined as an event that the average investor would only assign […]
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