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Quarterly Report

Complexity

When was the last time you went to the bank? I mean physically walked up to a teller in a brick and mortar location? Some may answer this question easily as small businesses owners may still deposit their daily “cash” in-take, while it might take others quite a bit of time to think about it. Banking has transformed over…

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The More things Change…

Lately, I feel like I’m on a treadmill running up hill, for as different as the catalyst which pops a bubble always is, it’s as much the same (a bubble – typically fueled by debt and overleverage) … and yet, we appear to have learned nothing. The mindset and attitudes of investors tend to be very predictable. From the…

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November 2019 : Economic Gravity! The More things change, the more they stay the same! Have we learned Nothing?

The More things Change… It’s been 23 years in the financial business and I often wonder what my life would be like if I was as blind and ignorant as to how equity markets functioned today, as I was in 2000/2001 when clients watched “diversified” Unit Investment Trusts (UITs) get decimated during the tech bubble? Or had I not…

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Viva Las Vegas

Working alone leaves one quite a bit of time pondering self-beliefs. Whether we manage the bulk of our client’s financial net worth or a mere fraction of it, there is little room for bias, obtuse thinking or pride.  In an effort to keep our mindset “in check” we make a concerted effort to study and approach markets from multiple…

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Q3 2019 : Cycles Matter & Risk Happens Quickly

Viva Las Vegas Working alone leaves one quite a bit of time pondering self-beliefs. Whether we manage the bulk of our client’s financial net worth or a mere fraction of it, there is little room for bias, obtuse thinking or pride.  In an effort to keep our mindset “in check” we make a concerted effort to study and approach…

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Lighting money on fire!

“We are a community company committed to maximum global impact. Our mission is to elevate the world’s consciousness. We have built a worldwide platform that supports growth, shared experiences and true success. We provide our members with flexible access to beautiful spaces, a culture of inclusivity and the energy of an inspired community, all connected by our extensive technology…

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September 2019 : Lighting money on Fire! Justice Samuel Putnam: Turning in his grave!

Lighting Money On Fire “We are a community company committed to maximum global impact. Our mission is to elevate the world’s consciousness. We have built a worldwide platform that supports growth, shared experiences and true success. We provide our members with flexible access to beautiful spaces, a culture of inclusivity and the energy of an inspired community, all connected…

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Odds Over Outcomes

If you knew the odds of any specific outcome was 85% in one direction or another, what would you do?  In previous notes we’ve broached the subject of discounting outcomes; today we’re going to discuss placing the odds in our favor, displaying it in real time…  We titled a section, “Cloudy with a chance of Meatballs” in our 4Q2017…

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August 2019 : Odds over Outcomes?!

If you knew the odds of any specific outcome was 85% in one direction or another, what would you do?  In previous notes we’ve broached the subject of discounting outcomes; today we’re going to discuss placing the odds in our favor, displaying it in real time…  We titled a section, “Cloudy with a chance of Meatballs” in our 4Q2017…

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