Good luck, Mr. Warsh

Good luck, Mr. Warsh

June 22, 2026 Kevin Warsh, the new Federal Reserve Chair, has a tough road ahead. Before he took over, Warsh’s predecessor Jerome Powell oversaw his final meeting and there were four dissenting votes. The last and only time there were four dissenting votes was October...
Speculative and Concentrated

Speculative and Concentrated

June 15, 2026 The stock market seems incredibly strong right now – huge earnings results, all-time highs, and so on. If you only look at the surface level, everything seems fine. But the market is deeply split, highly concentrated, and driven by speculative trading....
Seeking Safety Can Mean Missing the Biggest Gains

Seeking Safety Can Mean Missing the Biggest Gains

June 8, 2026 While markets have made all-time highs this year, you may think we’re near the top and it’s time to pull back. But you can’t time the market. Many kinds of markets cycles occur for long-term investors. When there’s intense market volatility, the urge to...
What We’re Seeing Isn’t Normal

What We’re Seeing Isn’t Normal

June 1, 2026 We might be living through the biggest financial hysteria ever. For example, on April 24 the PHLX Semiconductor Sector (SOX) index closed higher for the 18th consecutive trading session. It’s the longest daily winning streak in the 32-year history of the...
The Case for Doing Nothing

The Case for Doing Nothing

Often, the most profound act an investor can perform is nothing at all. Examining nearly a century of data, the case for a long-term buy and hold strategy is undeniable. So today, I’ll give you four reasons why the boring path of staying invested is consistently...