Rooting for the Stocks We Don’t Own

Rooting for the Stocks We Don’t Own

Fewer stocks are pushing the market higher Most of the stocks we own in portfolios happen to be larger companies. This is not a criterion for investment at Dock Street, but it is the result of 1) holding great businesses for many years as they get bigger, and 2)...
Corporate Profits Drive The Market

Corporate Profits Drive The Market

Stock prices anticipate future corporate earnings The stock market has had a near vertical ascent for about 18 months. This has surprised many people as there has been no shortage of things to fret about. But the stock market is a forward looking indicator, and it...