March 2020
Black Monday—1987! Over a 22% decline in one day!We didn’t have the computer systems then that we have today, so I was up until around 2-3:00 a.m.with a yellow legal pad, a couple of pencils, and a hand-held calculator. The bargains were every where. They had happened so incredibly quickly that even if one had a […]
February 2020
How many times in recent years have the media scared the ‘whatever’ out of readers by portending doom in bold headlines? In each instance the lede implied that death or catastrophe was imminent for large numbers of the population: • Ebola • SARS • The year 2000 for computers • Coronavirus Repeating from our letter written prior to the […]
January 2020
Here come the pundits with predictions galore. It’s that time again, when turning the corner into a new year brings out the prognosticators. Where will the Dow be? What will be the best performing stock? Will the Fed raise interest rates? Will Trump be impeached? Who, what, when, why are all to be littering the […]
