Lawrence Hamtil runs a wealth management firm in Overland, KS. He posted the above self-assessment on Twitter on his portfolio positioning prior to the COVID-19…
Read More
Bear Market Assessment: What We Got Right & Wrong
The Dog That Didn’t Bark
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch, former manager of Fidelity Magellan Fund The act of trying to time or prepare...
read moreSome Things Will Never be the Same
“Sometimes it’s the bad things that happen to us that become the catalyst for the good things to happen to us. Life forces you into…
Read More
Where Do We Go From Here?
“There’s clearly an indication that a systematic government-led approach using all tactics and all elements available seems to be able to turn this disease around.”…
Read More
Bear Market Blind Spots
“History reminds us the event that often derails financial markets is seldom the one investors saw coming.” – Pure Portfolios 2019 Year-end Commentary The past…
Read More
The Market is Talking. Are You Listening?
“It’s OK to not have an opinion on topics you don’t know anything about. And I don’t know anything about coronaviruses. But I have a…
Read More
What’s Your Process for Making Portfolio Changes?
“To get something done a committee should consist of no more than three people, two of whom are absent.” – Robert Copeland, U.S. Navy Admiral…
Read More
Are Low Yields a Good Reason to Shun Bonds?
“I don’t get why anyone would buy a 10-year bond yielding 1.5%” – Former Colleague Low bond yields are the new normal. It’s enough to…
Read More
How to Tell if your 401(k) Plan is Hot Garbage
We are conditioned to sock away money for retirement ASAP. You should save at least 10% of your income. By the time you’re 30, you…
Read More
Random $#%&
“No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word.” – Nassim Nicholas Taleb, Fooled…
Read More