Pearls In The Panic

During this most recent dramatic sell off in the US equity markets, many heretofore invulnerable stocks were finally subject to some deserved profit taking.  The cluster of dominant market stocks collectively referred to as the "FAANG" stocks, Facebook, Apple, Amazon, Netflix and Google, all sold off, some in the order of 20%, signifying to many, … Continue reading Pearls In The Panic

The Sanctimony Factor

Over the years, a new factor has emerged when attempting to measure investment suitability, which has little to do with balance sheets, forecasts or indicators.  That factor can be generalized as the  "social responsibility" component.  We recall some of the original victims of socially correct investing which included tobacco and oil companies as well as … Continue reading The Sanctimony Factor