05 Dec The Mighty Dollar
As most of you know, I like to use the media as a contrarian indicator. Normally by the time a theme has generated enough attention to grab the cover story of a major...
02 Dec The Next Ten Years Are Likely To Be Different
Wow! Patience and diversification may win in the long run, but for the last few years, it’s cost a lot of investment managers their jobs. What has worked has been to be ‘all...
29 Jun 12% Six Years, 2.4% Thirty Years
Thirtytwo years ago I started my investment career with Dean Witter Reynolds in Las Colinas. At that time, you could double your money in risk-free US Treasury bonds, paying 12% in approximately six...