Few Words of Wisdom Everyone Needs

Every year, the one document every investor should read, even if they read nothing else the rest of the year is – Warren Buffett’s annual shareholder letter. This letter contains lessons that have vaulted Warren Buffett from a simple guy starting out working in...

Apple’s launch event in March. Anyone getting excited?

It is widely expected that there’s going to be a launch event at the Steve Jobs Theater at Apple’s headquarters on March 25. But don’t be expecting a revolutionary new product like the iPhone or iPad or the iWatch. Instead, it is expecting to be the launch...

We did’nt start the fire…

Since early October, Pacific Gas & Electric stock has lost more than 85% of its value. And now, it has filed for bankruptcy. Following PG&E bankruptcy filing, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big...

The Fed, my friends, is on our side

At a time of unpredictable and unpresidential behavior at the White House, we have the Fed, whose behavior has now become predictable. Going into the FOMC meeting last week, financial markets demanded that Federal Reserve Chairman Jerome Powell ease up on tightening...

Looking for direction as the Fed meeting awaits

Earlier in the week, Dow members – United Technologies and Procter & Gamble both rose more than 4.8 percent after reporting better than expected earnings. IBM, another Dow component, jumped 8.5 percent in its best session since Oct. 18, 2017. But then, later...

Forget the predictions, things are going to get worse

All the major indices finished 2018 down for the year, with the steepest declines recorded in the fourth quarter. And, just when investors were coming out of their New Year celebrations, Apple’s announcement of disappointing sales in China on Wednesday, gave the...