“We’ve been growing at 1.5% to 2% in spite of stupidity and political gridlock because the American business sector is powerful and strong and is going to grow regardless.” & Jamie Dimon, 1956 – present, Chief Executive Officer of J.P. Morgan Chase & Co. It’s a Puzzlement Set in the early 1860’s Bangkok, the musical masterpiece ‘The King and I’ by composer Richard Rodgers and dramatist Oscar Hammerstein tells… Read More
July 2017: Let the Good Times Roll, but Stay Disciplined
“The most important quality for an investor is temperament, not intellect…. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd” & Warren Buffett, 1930 – present, American business magnate and investor Let the Good Times Roll, but Stay Disciplined In early February this year, New Zealand experienced one of the worst whale stranding’s in history. Collectively, more than 600 pilot whales… Read More
April 2017: The Bull Market Generates Idiosyncratic Investment Risks
“The simple message is the economy is doing well… Many Americans are enjoying a stronger labor market, and feel better.” Janet Yellen, Chair of the U.S. Federal Reserve since 2014 The Bull Market Generates Idiosyncratic Investment Risks Ever since New Zealand native Sir Edmund Hillary and his Nepalese Sherpa guide Tenzing Norgay first reached Mount Everest’s summit on May 29, 1953, conquering the world’s highest peak has captured the imagination… Read More
January 2017: Unleashing the Market’s ‘Animal Spirits’
“We can never make perfectly objective projections. They will always be tainted by our subjective point of view.” (from ‘The signal and the noise’) & Nate Silver, American statistician and writer who analyzes baseball and elections Unleashing the Market’s ‘Animal Spirits’ What if you could predict the future, but no one would believe you? According to Homer’s Iliad, that was exactly the plight of Cassandra of Troy, whose astonishing beauty… Read More
