Earnings Insight March 2016

March 8, 2016

Earnings season for the first quarter of this year is virtually complete. We are witnessing consecutive quarters of earnings contraction not seen since 2009. The hope that revenue and earnings growth would have resumed by now has been postponed until the second half of the year.

Manager’s Letter 2015 Q2

January 25, 2016

Managing one’s investments is challenging enough without the endless cacophony of fear that rains down from the financial media every minute of every day. Greece! China! Iran! Bond bubble! The Fed! It never ends. So, let’s instead focus on what really matters.

Archive