“It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first.” & Ronald Reagan, 1911-2004, 40th President of the United States from 1981-89 No Time for Complacency The Oscar-nominated film “The Big Short” (2015), based on Michael Lewis’ best-selling book of the same name tells the story of the events leading up to the global financial crisis… Read More
July 2016: Brexit Rattles Investors’ Nerves
“Britain will have to play her full part as a member of the European family.” & Sir Winston Churchill, 1874-1965, former U.K. Prime Minister and Founder of the United Europe Movement Brexit Rattles Investors’ Nerves Question: whose official motto is “E Pluribus Unum”? If you answered ‘the United States’, you guessed wrong. It actually is the motto of Portugal’s soccer club Sport Lisboa e Benfica. “E Pluribus Unum” –… Read More
April 2016: Fortune Favors the Bold
“We really can’t forecast all that well, and yet we pretend that we can, but we really can’t.” & Alan Greenspan, Chairman of the U.S. Federal Reserve from 1987 to 2006 Fortune Favors the Bold It’s that time of the year again when Cinderella stories are made, when David can defeat Goliath, and when heroes are born. No, we are not talking about the presidential election, but about one… Read More
January 2016: Investor Patience Is Being Tested
“Everything comes in time to him who knows how to wait… there is nothing stronger than these two: patience and time, they will do it all.” & Leo Tolstoy, 1828 – 1910, Russian writer in War and Peace, one of his finest literary works Investor Patience Is Being Tested Legendary UCLA Bruins basketball coach John Wooden is considered to be America’s ‘winningest’ coach. His overall career win-loss record of… Read More
