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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Publications
December 12, 2018

The Impact of Growth Options and Intangible Assets

To expand on our thoughts about growth options and intangible assets, we have published a…
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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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Blog
November 25, 2018

Climate Change and the Stock Market

No, I am not going to say how climate change impacts the stock market or…
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Blog
November 23, 2018

Fuel Costs Comparison: Tesla vs ICEs

Hidden within a previous post on "How Green is Your Tesla" was a discussion of…
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Blog
November 22, 2018

Explaining Stock Market Moves After the Fact

Whenever the market moves sharply, the media feel compelled to offer an explanation.  Sometimes this…
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