The year is 1911. Two famous explorers are planning expeditions to be the first to reach the South Pole: Roald Amundsen, a Norwegian, and Robert Falcon Scott, an Englishman. In her book “A First Rate Tragedy,” Diana Preston details how Scott spent more money and made...
One of the most haunting stories I have read is the 1974 book “Survive,” about a Uruguayan rugby team whose plane crashed in the Andes mountains. There were 45 people on the flight, and only 16 survived the initial crash. The search was called off because sub-zero...
Two things I have never, ever said or written: “No giveaways to small businesses” and “Our congress is functional!” The villain to the political left is large corporations and their greed. The villain to the right is often liberty-stealing government and faceless...
Don’t look down. My favorite hobby is mountain biking. I love getting on a trail with my favorite podcast or audio book and lose myself in the woods. This past weekend I was peddling in the Carlton Reserve when I came to a man-made, dam-like structure. There is an...
Two weeks ago we shared with you the concept of street signs to assist us in forecasting the impact of the coronavirus on the economy and markets. We noted that it is impossible to predict the destination to which we are traveling, but if we pay attention to the...
The 11-year bull market was officially ended by the coronavirus yesterday. Virtually everyone invested in the U.S. and global markets lost value in their portfolios. The global situation is evolving rapidly since we communicated our approach to the coronavirus just...
The coronavirus is serious and deadly. It could escalate into to a major pandemic and have a dramatic impact on our economy and therefore stock prices. Then again, it might not. This is when we remind ourselves of the principles that have worked for us over and over...