For centuries housing has been both shelter and a financial asset, which is an awkward combination. We do not ask the family refrigerator to appreciate at 5 percent a year,…

As an investment advisor, I think about risk and elements of risk far more than I think about return. But risk is one of those words that appears precise until…

Investing is often described as a search for return. That description is accurate, but incomplete. A thoughtful investor is not simply attempting to earn the highest possible return. The more…

Few subjects capture our attention quite like geopolitical conflict. Military actions, diplomatic tensions, economic sanctions, and uncertainty surrounding political leadership all have a way of dominating financial headlines. Recent developments…

Few subjects capture our attention quite like geopolitical conflict. Military actions, diplomatic tensions, economic sanctions, and uncertainty surrounding political leadership all have a way of dominating financial headlines. Recent developments…

(Note to readers: This is a longer Weekly Whiteboard than usual, but I think it is worth the read. I hope it provides value to you or someone you know.)"Matt,…

The mid-year mark can signify or represent different things to difference people. For an investment advisor, there is something almost ceremonial about the end of June. For college freshmen it…

Inflation is one of those economic concepts that seems straightforward at first glance—and one that I have written about before. However, I wanted to revisit the topic as inflation numbers…

In my view, one of the most common mistakes investors (not our clients… OTHER investors) make is treating their portfolio as a collection of investments rather than a collection of…

One of the more surprising lessons that comes with age and experience is that expertise and curiosity often pull in opposite directions. Experience teaches us what works. Curiosity asks whether…

Okay, by the end of this week’s post that title will seem a little self-serving and maybe even slightly dramatic – but I do think you can help someone by…

While the monthly social security check may not be crucial for our clients, it is a fact of life at a certain age – so shouldn’t we do our best…

There was a time, not all that long ago, when investors could speak about “international diversification” with the same quiet confidence one might reserve for discussing Newtonian physics or the…

Before we dive into the philosophy of generosity and the meaning of life (you know, just the light stuff), let’s address the obvious question: why is an investment advisor writing…

There are times (occasionally long periods of time) in markets when abstractions dominate: earnings revisions, forward multiple expansion, and Fed action speculation, to name a handful that come to mind.…

As a little-known member of the Jackson Five, Michael, once sang “I’m starting with the man in the mirror” in reference to making a change. Now, I am not sure…

Each week I focus my Weekly Whiteboard on a topic that has investment, planning and/or more philosophical (bigger picture) implications. This week is no different, however, I want to disclaim…

Regardless of country, culture or inclination, as of the writing of this week’s Whiteboard, space exploration marks another exciting milestone as Artemis II takes center stage – a mission that…

Attached is a piece by Ray Dalio (a relatively well-known investor and a true visionary in the investment management business) titled “The Concept and Mechanics of an All Weather Portfolio”…

In a culture that often equates productivity with virtue, taking a vacation can feel almost indolent or even defiant. The calendar fills up, emails accumulate, and the to-do list stretches…