Our Views

In summary: Interest rates must go up dramatically to something like 7% before they become threat to the stock market. The reason is that the expected profit from the stock market is at least 7%. So, interest rates must move up to that level where they will become a source of serious competition. Expected Earnings…

First, we are very aware of Canopy Growth Corp. We initially researched Canopy late 2016 with the mind to short the company. Canopy is one of a hundred stocks that got a lot of attention this year due to the Canadian Governments move to decriminalize/legalize marijuana.  You should understand, in situations like this where there…

Making the best of the on-going correction: This is a brief note to apprise you of the on-going correction in the stock market and how to make the best of this situation. Corrections that are guaranteed: We have often told investors that stock market corrections are guaranteed to happen. What should not be lost is…

A response to client questions We think a great deal about crashes. Since we invest some 6 million of our money and are your money buddy, we think and know a lot about crashes and how to handle them. As such your question is not something new to us. It is human nature to try…

Returns and Corrections, the two are quite related. Though we have talked of the subjects and they are also present in our agreement and terms and conditions in various ways, we feel we should further clarify the salient features. Long term returns, the drama, pain, and joy:  Over long periods of time, the Stock market with…

Summary: Recently, popular equity indices have been hitting all time new highs. We point out that this is nothing new: stock markets spend more time in record territory than otherwise and we advise investors to expect a lot more in years to come. Details: After a few years of getting over the pain inflicted by the recession…

Summary: The US markets are breaking records on the upside again. As history and fundamentals suggest, more will follow. We remain the unabashed bulls on the future of mankind; we are fully invested and urge you to think and stay positive, for not investing in stocks may be the greatest financial mistake investors will make. Financial…

Equity markets are not that easy to kill… In Summary: The European debt crisis, going off a fiscal cliff, an economic slowdown in China, and US election uncertainty has yet to stop the world equity markets from marching higher proving one more time that they are just simply not that easy to kill. Believe it or…

Summary: This is not the first time the world has had issues. Over time, the world has solved its issues and moved on higher. To be cowed in by those issues would have been the greater mistake. We continue to invest in high quality companies and urge you to do the same. The greatest mistake would…

In summary – markets have recovered to recent highs and a perennial question emerges: what to do now? We urge you to stay positive and buy high quality stocks. One more time, the world did not end… Last August, the market was down some 20% from its high. The media was full of reports of…