Do Tech Layoffs Mean Anything?

Do Tech Layoffs Mean Anything?

Tech is always in its own world Several large tech companies have been making headlines about layoffs. They’ve used lots of scary language about recessions and upcoming weakness. Meanwhile, jobless claims and employment figures for the economy as a whole do not show...
Headlines vs History

Headlines vs History

A lot can happen in a week, but is it important? Last week offered an extreme example of the futility in trying to trade on headlines. At the start of the week, the election dominated headlines, and a red wave was assumed to be incoming. Conventional wisdom was that...
Do Tech Layoffs Mean Anything?

Is Inflation Getting Worse?

Pictures tell the story best Inflation is the number one topic on the minds of nearly everyone right now.  The prevailing idea is that the Federal Reserve is the cause of and the solution to inflation. The reasoning goes something like this: in response to the...
Now is the Time to Invest

Now is the Time to Invest

Being greedy when others are fearful Our timing might not be ideal, but we do believe that the fall of 2022 will turn out to have been a very good time to put cash into the stock market. Recommending stocks at a time like this is hardly revolutionary. In October of...
Past Recoveries Following a Bear Market

Past Recoveries Following a Bear Market

What does history tell us? We don’t know when the current bear market will end, but we do know that it will end. When it does, the stock market will recover, so the question then becomes, how fast and to what levels? While the speed of a recovery can’t be known, stock...
Headlines vs History

Isn’t that a little – banal?

Investing for the long-term isn’t always exciting When talking to a client about venture capital investment, and the excitement of being involved in the startup world, I was reminded of a story from Jon Krakauer’s book Eiger Dreams.  The scene is a smokey french...