Blog
February 17, 2019

Buybacks, Executive Compensation and Trust

In his blog, Musing on Markets, my colleague, Aswath Damodaran makes an important point about…
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Blog
February 12, 2019

Upcoming Featured Publication – Energy and Investing :”The Great Transformation”

Human civilization faces a daunting problem - how to provide reliable energy to a growing…
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Blog
January 21, 2019

How Fast Sentiment Can Change – Tesla

Throughout much of the last several years the Los Angeles Times has been enthusiastic about…
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Blog
January 3, 2019

Apple, Inflation and Valuation

In light of Mr. Cook's revision of expected fourth quarter revenue for Apple, it is…
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Blog
December 27, 2018

Efficient Markets?

The efficient market hypothesis holds that the market prices of securities accurately reflect the fundamental…
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Blog
December 24, 2018

Enough is Enough?

For over a year now, we have been banging the drum saying that equities, particularly…
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Blog
December 20, 2018

Advisors say “Get Defensive”

From Charles Schwab to Goldman Sachs, analysts and investment advisors are warning investors to “get…
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Blog
December 18, 2018

Why Fundamental Valuation Matters

First, a little humility.  When we posted our list of ten bubble stocks we were…
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Blog
December 5, 2018

Disappointment and Concern at the Los Angeles Auto Show

As readers of this blog know, we have consistently opined that at prices exceeding $350…
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Blog
November 28, 2018

Looking Back at Bitcoin

Benjamin Graham once said, “In the short run, the market is a voting machine but…
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