Monthly Archives: August 2018

Curbing self-destructive financial incentives is key

It is usual for individuals to be self-interested, but pragmatic people understand that durable, dynamic systems require strong counter-balancing forces.  History attests that neither capital nor labor can have it all their way indefinitely. Pendulums swing back and forth over … Continue reading

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Reminder: full cycle investing is simple, but not easy

The truth about investment markets is plain, simple and timeless.  When you know what to look for and measure, financial analysis is the relatively easy part.  Maintaining the fortitude and patience to wait for markets and prices to acknowledge reality, … Continue reading

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Corporate accountability coming back in vogue

We have been working on this important topic for our upcoming month end client letter, and yesterday Senator Elizabeth Warren threw down the gauntlet in a Wall Street Journal op-ed proposing an Accountable Capitalism Act requiring corporations with $1 billion+ … Continue reading

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