2019

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Q4 2018 Letter

January 24, 2019

January 2019 This time last year we were writing about historically low volatility in markets and unusually positivereturns across nearly all asset classes. U.S. stocks, international stocks, and emerging market stocks were all up more than 20% in 2017 with…

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FIRE!

January 22, 2019

January 22, 2019 I was talking recently with a younger member of our team and the subject turned to retiring early. I was flabbergasted to hear that apparently quite a few Millennials are focused on retiring before they are 50.…

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The New Vehicle Revolution

January 14, 2019

January 14, 2019 There has been a lot of talk over the last few years about the upcoming boon in electric vehicles.  The theory is great: no more trips to the gas station, quick re-recharging capabilities at home and work,…

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Apples on the Dark Side of the Moon?

January 7, 2019

January 7, 2019 Last Wednesday was an interesting day in the news and maybe even a harbinger of the future. Two news items caught my eye. First, the Chinese successfully landed Chang’e 4 on the dark side of the moon:…

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There Will Be Ice Cream At The End Of The Ride

January 2, 2019

January 2, 2018 It’s time to hop into our pink Cadillac and buckle up for a “Prediction Drive”. The car is all gassed up and comes equipped with new shock absorbers as a precaution given the expected bumpiness of the…

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