Hello friends, A New Year, and better markets (so far). In December, the prospect of a bear market was upon us. For the 3rd quarter of 2018, the S&P 500 and the Dow Jones Industrial Average declined 13.97 and 11.8 percent, respectively, their worst performances since 20111. The NASDAQ dropped 17.5 percent in the period, […]
Newsletters
Q3 2018 Investment Newsletter: Investor Psychology
Dear friends, we hope this letter finds you well. Since our last letter we have experienced heightened volatility (not the good kind, sorry to report). The month of October has a reputation for being “scary”. To date, this October has been no exception. OCTOBER: This is one of the peculiarly dangerous months to speculate in […]