Click here to view the pdf version. For this month’s newsletter, I am reposting a Money Magazine article, originally published in 2000...

Click here to view the pdf version. Knowledge is knowing that a tomato is a fruit, wisdom is not putting it in a fruit salad. – Miles...

Click here to view the pdf version. It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t...

Click here to view the pdf version. “You don't want too much fear in a market, because people will be blinded to some very good buying...

Click here to view the pdf version. “We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is...

Click here to view the pdf version. “You better cut the pizza in four pieces because I'm not hungry enough to eat six.” - Yogi Berra...

Click here to view the pdf version. “It takes a great man to give sound advice tactfully, but a greater to accept it graciously.” - Logan...

Click here to view the pdf version. “Keep your face always toward the sunshine – and shadows will fall behind you.” - Walt Whitman Autumn...

Click here to view the pdf version. “Whoever said, ‘It’s not whether you win or lose that counts,’ probably lost.” - Martina Navratilova...

Click here to view the pdf version. “Sharing a common outcome with large numbers of fellow citizens creates a mutually reinforcing social...

Click here to view the pdf version. “The Only Thing That Is Constant Is Change.” - Heraclitus I plan on keeping this monthly outlook...

Click here to view pdf version. “Common sense is not so common.” – Voltaire Life as an independent investment manager can be quite lonely...

Click here to view the pdf version. “I'm not in this world to live up to your expectations and you're not in this world to live up to...

Click here to view the pdf version. “Japan's very interesting. Some people think it copies things. I don't think that anymore. I think...

Click here to view the pdf version. “By failing to prepare, you are preparing to fail.” - Benjamin Franklin Insurance is a funny thing....

Click here to view the pdf version. “If you can’t explain it simply, you don’t understand it well enough.” - Albert Einstein In 1984, the...

Click here to view the pdf version. “We have two classes of forecasters: Those who don’t know and those who don’t know they don’t know.”...

Click here to view the pdf version. “Violence is the last refuge of the incompetent.” - Isaac Asimov The horrific and cowardly terrorist...

Click here to view the pdf version. “Whenever you find yourself on the side of the majority, it is time to pause and reflect."- Mark...

Click here to view the pdf version. “Nobody goes there anymore. It’s too crowded.” – Yogi Berra Growing up I was never mistaken for an...