CKBlog

Monday, May 06, 2019

Berkshire Meeting Notes

Markets change. Politics change. But each year, Warren Buffett and Vice Chairman Charlie Munger stay on message and remind us to tune out the considerable static, do our homework, and act with conviction when the odds are in our favor.

Read on: Berkshire Meeting Notes

Topic: Strategies

Monday, February 25, 2019

“Steve’s Notes” on Buffett’s 2018 Letter to Shareholders

It was another good one. Clear, concise, folksy, patriotic, and included a dig on the financial services industry. Classic Buffett.  Each year, Mr. Buffett reminds us and inspires us to keep it simple and stay the course.

Read on: “Steve’s Notes” on Buffett’s 2018 Letter to Shareholders

Topic: Strategies

Friday, February 01, 2019

Do Good. Own Real Estate. And Save Taxes? A Primer on Opportunity Funds.

When news began circulating about a legal way to both invest in real estate AND substantially reduce long-term capital gains taxes, we were all ears. Here’s what we learned.

Read on: Do Good. Own Real Estate. And Save Taxes? A Primer on Opportunity Funds.

Topic: Strategies

Look Out for Outlooks 2019 Edition

It’s very difficult to successfully predict the future. Whether your expertise is in elections, the weather, or financial markets, if your profession requires you to make predictions, then your profession requires you to be wrong most of the time.

Read on: Look Out for Outlooks 2019 Edition

Topic: The Market

Friday, January 25, 2019

2018 Market Review

2018 reminded investors that equity markets are unpredictable and volatile. As they should be. Otherwise, why should we expect 8-10% returns per year over the long run?

Read on: 2018 Market Review

Topic: The Market

Monday, December 17, 2018

A Worthless Millionaire

Inflation is real and may be the single most destructive force to impact your quality of life during retirement. If it accelerates, you will want to work with a professional who has real-world experience with its effects.

Read on: A Worthless Millionaire

Topic: Strategies

Wednesday, October 31, 2018

Timing versus Time Frame

They say “timing is everything.” Sure, when investing, getting the timing right when buying and selling a stock can make a huge difference in actual performance. But as we’ve previously written, timing the market is nearly impossible. It requires you to be right twice. You could have been a genius to sell out of stocks in 2007 prior to the financial crisis, but if you never “got back in,” were you really any good at market timing?

Read on: Timing versus Time Frame

Topic: Strategies

Monday, October 29, 2018

Value with Growth

There has been much talk recently about the possible shift from “growth” to “value” stocks during the recent market volatility. A review of why this may be happening is in order. Growth has worked better for the last several years. Value has worked better over a longer period of time. So what is an investor to do?

Read on: Value with Growth

Topic: Strategies

Thursday, August 02, 2018

Why Did This Deal Reach Me?

Part of our role for clients is to evaluate the private deals that come across our desks. Sometimes these reach us through a cold call or email, but they also arrive via our own network and in many cases, from our own clients. It takes an extremely high bar for these investments to make it into client portfolios.

Read on: Why Did This Deal Reach Me?

Topic: Strategies

Wednesday, July 25, 2018

Things Move Fast. Slow Down. Our 2018 Q2 Market Review

In this era of social media, it is important to remember that events which used to take hours, days, weeks, or even months to reach the news are now shared with millions within minutes. Due to constant “breaking news” we are all subject to instant analysis, gut reactions, and ultimately superficial responses to events. It’s hard to block out the noise. Things seem to be moving too fast. What to do?

Read on: Things Move Fast. Slow Down. Our 2018 Q2 Market Review

Topic: The Market