The 2017 Berkshire Hathaway annual report is out. It is always highly anticipated as it contains Warren Buffett’s annual letter to shareholders which usually is packed with nuggets of investing wisdom.
A budget bill has passed both houses of Congress and is on its way to the president’s desk to be signed into law. The bill contains changes that will impact future Social Security recipients.
With US stocks off over 10% (as measured by the S&P500) from their all-time highs reached in May, perhaps you’re wondering how the big-dogs are doing. You may be surprised.
On May 2nd we were in Omaha with several clients attending the Berkshire Hathaway annual shareholders meeting. The meeting marked a significant milestone. Over fifty years have passed since Warren Buffett took control of Berkshire Hathaway, then a struggling New England textile company.
I say this quite often, and I’ll say it here again, reading about politics is a sure way to make one cynical. It does for me at least. However, reading about some of the amazing research occurring at our universities and new treatments being developed by businesses gives me great optimism.
As the western world ages, concern is growing that we are in the early stages of an epidemic. According to the World Health Organization, over 35 million people worldwide have Alzheimer’s disease. Those numbers are expected to triple by 2050.
Things change quickly – and more drastically than many think…
There was a good article in The Wall Street Journal on December 5, 2014 titled “16 Rules for Investors to Live By.” One of the rules in particular struck a chord with me. Rule 6 said:
Things change quickly—and more drastically than many think…
It is utterly amazing how little volatility we’ve witnessed in the stock market over the past six months. The world seems to be a more dangerous and unstable place every month. Think about the big geopolitical events happening right now:
I read a great book recently by Tom Rath called, "Well Being: The five essential elements." The book's first sentence starts by saying, "much of what we think will improve our well being is misguided or just plain wrong." Our well being is not based on happiness alone, nor our wealth, success, family or health.