Is diversification dead?

‘Sometimes you have to use your failures as stepping-stones to success. You have to maintain a fine balance between hope and despair.’ He paused, considering what he had just said. ‘Yes’, he repeated. ‘In the end, it’s all a question of balance. – Rohinton Mistry, A Fine Balance If you follow my blog long enough, you will come to find …

Some Thoughts on Oil

“Come and listen to story ‘bout a man named Jed Poor mountaineer barely kept his family fed Then one day he was shooting for some food, And up through the ground come a bubbling crude. (Oil that is, black gold, Texas Tea)” –The Ballad of Jed Clampett The Beverly Hillbillies.  The 1960’s sitcom that became an iconic part of American …

2015. Ready or not, here we come!

I can’t believe that the year is almost over.  As I prep for 2015, it’s a good time to reflect on what has occurred over the past year.  The LPL Research department released their 2014 Outlook around Thanksgiving last year and one of the underlying themes was “Portfolios over Policy.”  Presented in the style of a farmer’s almanac, there were …

Shifting focus.

In my opinion, there isn’t much else to harp on regarding the recent actions in the markets.  As expected, things have bounced back a bit, the QE has officially ended, and the headlines have already shifted their focus past the Ebola outbreak, falling oil prices, and Eurozone woes and onto the holiday season for retail and the continued positive earnings …

Price vs. Value

“Price is what you pay; value is what you get.” Warren Buffet   I think we have all learned this lesson at some point in life. Whether it was clothing, a service, or a car, you found out the hard way that price and value are two separate things. And It was more than likely a hard lesson to learn. …