Where’s My Moat?
Wow, that took a while. From consumers’ perspective, there was favorable news on Thursday morning as CPI declined by 0.1% […]
Expanding Cracks in the Ice
As we were releasing our blog on Friday, we received new consumer sentiment information from the latest University of Michigan […]
Ice Melts from the Edges
Yesterday, we had an interesting day in terms of new economic and monetary data points. For the second month in […]
Crossing-Over to a Hybrid Structure
A new partnership between Capital Group and KKR will launch a series of (so-called) hybrid funds investing in both public […]
Contrarian Comfort at the Milken Institute
Last week, at the Milken Institute, we had lunch with one of the most prominent hedge fund managers of our […]
Dividends Without Growth are a Roller-Coaster of Empty Promises
No matter how long the track record, don’t fall into the trap of overvaluing a dividend for its own sake, […]
Risk, Volatility and Diversification
Came across this video of Warren Buffet and Charlie Munger discussing diversification. In a nutshell, “diversification, as practice, generally makes […]
Are we looking at a market top for equities? What’s your plan?
Consider that, through Friday, April 12, 2024, the S&P 500 Index (SPX) is up roughly 8%. This comes on the […]
Are CLOs Right for Your Portfolio?
Are CLOs Right For Your Portfolio? During 2023, the Credit Suisse Leveraged Loan Total Return Index (CSLLI) was up 13.0% […]
Captive Data Sets: The Global Economy’s “New Oil”
In combination with semiconductor chips, captive data sets are now the global economy’s “new oil.” And software companies that sell […]