Tesla has become just the sixth company to reach a market cap of one trillion, joining tech giants Apple, Google, Microsoft, Amazon and Facebook. We compare each of these companies at the 500 billion and one trillion dollar level.

The market is cyclical, but what part of the cycle are we in? To better understand where we are in the market cycle we review a checklist from Oak Tree Capital founder Howard Marks.

Since the outbreak of Covid 19 a lot of things have changed. With many new retail traders and interest in the stock market has investing changed?

Download Memo as PDF The Challenge Continues As the third quarter of 2021 draws to a close, investors face the same challenges: record high stock prices relative to any measure of earnings or revenue and record low interest rates. In this environment it is perhaps not surprising that investors have been stretching for returns anywhere they