Monthly Archives: August 2019

This Time It Probably IS Different

      It’s been said that the four most dangerous words for investors are “this time it’s different.”  If you’re not familiar with the saying, let me provide an example.  In 1999, with the S&P 500 selling at 29x earnings, the … Continue reading

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The Whites of Their Eyes

      When I was a pre-schooler . . .  Actually, let me start over.  When I was around five years old (there were no “pre-schools” in those days, and my mother didn’t believe in kindergarten, but somehow I managed to … Continue reading

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