Investment Recap

First Quarter 2017

The first Quarter 2017 saw a continuation of the stock market rally that began last year. Our stocks exceeded the nearly 6% return of the broad market averages. Investors are counting on the Trump administration’s announced initiatives to...

First Quarter 2017

The first Quarter 2017 saw a continuation of the stock market rally that began last year. Our stocks exceeded the nearly 6% return of the broad market averages. Investors are counting on the Trump administration’s announced initiatives to...

Fourth Quarter 2016

Our third quarter letter focused on the opportunity for positive impact from expected fiscal policy stimulus after the election. Optimism and the beginnings of "animal spirits" have characterized the last several weeks. For the year 2016,...

Third Quarter 2016

Stocks continue to advance in the third quarter with gains of approximately 4%. Our results were even better due to a large weighting in small cap stocks, which have led the market this calendar year. Through the middle of October, three...

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