A letter to my son: Mommy and Daddy are so proud of you! You did such a wonderful job on your Bar Mitzvah. I am going to give you a timeless present. If you take care of it, I believe it will multiply in value many times over your lifetime. 31 years ago, your […]

  When people hear that I am a research analyst, they typically ask me two questions: 1. What do I do every day? 2. How do I find stocks? When I was in high school and just dipping my toes into the stock market, I had an opportunity to meet a portfolio manager of a […]

(This blog post was written on March 26, 2018 and included in our client newsletter for Q1 2018)  As many of our clients have undoubtedly noticed, Facebook is currently in a bit of a slump. Its shares are down around 20% from its peak at the beginning of February, and seems to be hit with […]

  In the two year period from January 2016 to January 2018 the S&P 500 Index had only one month in which it dropped as much as 1%. That is a remarkable and unprecedented record of stability. During that time span the market rarely moved either up or down more than 1% per day, and […]

  “25% of my portfolio is in cash,” is what I heard a portfolio manager say on TV during the February market correction. If only I had a dollar each time someone made this vacuous statement—I certainly wouldn’t keep it in cash! I don’t know why some portfolio managers think this is a viable marketing tactic, […]

When someone says robots, most of us conjure up an image of a human-like machine doing human-like things. Robots aren’t really like that at all. This morning I took pictures of two robots in the office building where I work. The first robot has replaced the three people who previously managed the parking lot. It […]