2022
March 21, 2022 Short articles should never begin with a quote from Socrates, but here goes… “To know thyself is the beginning of wisdom.” There is some debate as to what Socrates meant. The favored theory is that true wisdom…
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March 14, 2022 On Friday, we received the latest Consumer Price Index (CPI) figure from the US Bureau of Labor Statistics, which revealed that at the end of February, the price of goods was on average 7.9% higher than a…
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March 07, 2022 On April 20, 2020, West Texas Intermediate (WTI) crude oil closed at a historic low price of negative $37 per barrel. Briefly, oil was worth less than nothing, and the market was paying buyers to take it.…
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February 28, 2022 In August of 2018, I wrote here about the Rise of the Mega Company, a short story about Apple and its achievement of becoming the world’s first company to reach a valuation of greater than $1 trillion…
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February 22, 2022 The IRS and the Social Security Administration have released several changes for this year that you may want to consider as you plan for the year ahead. Here are some of the highlights. Income Tax The deadline…
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February 14, 2022 The reportedly imminent invasion of the Ukraine by Russia has made for some makeshift diplomacy and worried markets. No one really knows Putin’s objectives. Perhaps he is setting the stage for a large-scale land and amphibious invasion. …
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February 07, 2022 There’s an old joke where a driver asks for help to see if his turn signal is working. His helper walks behind the vehicle to observe the signal and replies: “It’s working . . . it’s not…
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January 31, 2022 Last week we discussed the much greater volatility and uncertainty in the markets so far this year. I wanted to share a few more perspectives based on my experience of working in the investment markets for almost…
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January 24, 2022 In my job, I get asked one question more than any other: “What do you think about the market?” During the quiet time after Christmas, I like to reflect on the past year and ponder the year…
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January 18, 2022 ‘The One’ is back on the market. You might recall that this less than modest name was given to a mega-mansion being built in Los Angeles. The construction has lasted ten years. Excessive construction costs drove the…
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