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What does all of this have to with the US stock market? Read Full Post
“I was really interested in markets from a young age…I always seemed to have a knack for handling money.” Read Full Post
The big guy, Arnold, had been just where I expected him to be. He was chillin’ on the upstream side of a dead log. The perfect place for a big cutthroat trout to be, just out of the current on a nice seam. Read Full Post
We did not plan it to happen, or did we? Read Full Post
There is an old Kenny Rogers song from 1979, “The Gambler”. I must have heard it a million times at my mother’s house. Read Full Post
“Mind the gap”, is a phrase used with the commuter trains in London to bring attention to the irregular spaces between the cars on the train. Read Full Post
The big picture has improved dramatically over the last few weeks. The market has stormed back from the December 24, 2018 lows. Read Full Post
What a difference a week or two makes! The end of the year decline is well documented as one of the worse end-of-year periods in history. Read Full Post

Sun, beach, gentle waves coming in caressing the shore, surf fishing…By the way, surf fishing is fishing within a few hundred yards of the shore where the waves roll on to the shore and many species of fish come to feed. Back to dreaming… watching the whales frolic in the Sea of California, a beautiful view from our room at the hacienda, great food…my engagement, a beautiful moment for Dina and me at brunch.

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“You know we are in a bull market?” One of my favorite quips that originally came from “Reminiscences of a Stock Operator” originally published in 1923. The statement by Old Turkey was the backdrop for the answer to whatever question a young gun was asking. I have used this to preview our quarterly and annual calls since May of 2013 when the market first closed about the high of the 1982-2000 Bull market. That is how I mark it the beginning of this Bull Market.

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