Ghosts of Irrational Exuberance

Posted on Saturday, March 8th, 2014

Dallas Federal Reserve President Richard Fisher was in Mexico City this week and spoke with his usual candor on Fed policy, asset pricing and the ineptitude of our current government. Fisher has an interesting vantage point on our economy and fiscal/monetary policy and his frankness is refreshing. In his speech Fisher warns that the Fed’s… read more.

Sage Advice on Investing

Posted on Saturday, March 1st, 2014

 Howard Marks was interviewed by a Swiss publication titled Swiss Finanz und Wirtschaft late last week. Here are some great tidbits that caught our eye from a Master of Investing on the role of emotions.  I’ve been in this business for over forty-five years now, so I’ve had a lot of experience.  In addition, I am not… read more.

Buffett’s annual letter: What you can learn from my real estate investments

Posted on Saturday, March 1st, 2014