The Risk Of High Growth Expectations
Growth Expectations Often Overly Optimistic The analysis of historical growth rates is best illustrated by the McKinsey book “Valuation.” McKinsey categorized all companies into 1
Markets Within Markets
“I can calculate the motion of heavenly bodies, but not the madness of people” Isaac Newton On December 31, 2024, The Wall Street Journal reported
Cash Is King
Occasionally markets are priced at more extreme levels due to excessive optimism or pessimism. Presently, theexcitement surrounding the potential benefits related to Artificial Intelligence (AI)
The Future Is Uncertain – Part 2
“Doubt is not a pleasant condition, but certainty is absurd” — Voltaire Covid started 5 years ago. At the time, the future was cloudy, confusing
The Long-Term Expectations Of A High Performing Economy
The standard of living depends on the ability to produce goods and services and is described by the size of Gross Domestic Product (GDP), in
Charlie Munger – The Modern-Day Renaissance Man
“Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.” –Charlie Munger The following is a