Trump Troubles

Posted on Saturday, May 20th, 2017

A roller coaster runs up and down spins around and around while finishing where you started and it probably cost you money. – Arthur Cashin We all rode the rollercoaster this week.  While there was plenty of noise and bluster the market fell less than one half of one percent this week. We feel that read more.

Gradual Squeeze

Posted on Saturday, May 13th, 2017

Local governments are in serious trouble as we are now seeing in Puerto Rico and Connecticut. High taxes, capital flight and pension obligations are going to meet the new order. We see technology and social changes on the horizon that continue to cut out the middle man and the ultimate middle man is government. Driverless read more.

1987?

Posted on Saturday, April 29th, 2017

Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.” — Seth Klarman Every week I read Steve Blumenthal’s from CMG Capital Management’s letter On My Radar . It is an excellent source of insights and research that Steve’s puts out every read more.