26 Jul 2013

Posted at 16:39h in The Friday Brief by
One of the great secrets of success in investing is that of persistence; defined as "firm or obstinate continuance on a course of action in spite of difficulty or opposition." In this age of information overload, particularly in the area of investing, persistence has become considerably more difficult than it was 10 or 20 years ago. Throw into the mix an ever-expanding supply of 'financial advisors' backed by sophisticated marketing machines designing products to address today's 'opportunities' and its easy to see why staying the course is more difficult than ever.

30 Sep 2011

Posted at 12:44h in The Friday Brief by
There was scant positive news this week offering hope to those still optimistic the US and global economies can avoid a recession. The government’s third and final revision of economic growth (GDP) for the second quarter was revised up to 1.3% from 1%, however still quite anemic. German lawmakers quelled short-term fears by approving an expansion of the euro-area rescue fund which allows European policy makers to focus on next to blunt their debt crisis. They will likely leverage the fund as the US did in its own crisis in 2008.