Our Blog
An Investment Advisor from the Old School.
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On Wall Street, There’s No Money in “No”
The Wall Street Journal ran a story recently about cannabis-infused beverages. Soft drink companies, international brewers and the speculating public have wagered billions on such a product. They claim it reduces stress, relieves pain and promotes better sleep. One question that apparently didn’t come up – at least until the Journal reporter came along –
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The Dangers of Dividend Investing
Sometimes I hear financial salespeople in Omaha say that “dividend investing” is one of the safest strategies an investor can follow. I disagree. Buying stocks in order to get dividend yield can be dangerous. First, dividends can be manufactured. For example, you can pay yourself a 10% “dividend” every year if you put your money
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Safer Driving with Warren Buffett
In early May, tens of thousands of people came to Omaha for the Berkshire Hathaway Annual Meeting, hosted by Warren Buffett. The event brings in millions of dollars for hotels, restaurants and retailers. Almost every hotel room was booked. We resisted the temptation to rent out a spare office to overnight guests, but we did
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Chunky Monkey & The Investing Consensus
If I were to ask several doctors in Omaha whether skipping a third round of Chunky Monkey ice cream would help me lose weight, I suspect they would all say yes. My success wouldn’t be affected if others heard the same opinion. If mechanics all say a front-end alignment will keep my car from pulling
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Barnum & Bailey & Bitcoin
Is it a coincidence that the new movie about P.T. Barnum, inventor of the three-ring circus, has opened at a time when the trading public is crazy for Bitcoin? Barnum was famous for his hoaxes and for stretching the truth. His aim was to draw attention to his exhibits and extravaganzas. People loved his shows.
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Why Do We Have Reviews with Clients?
If the value of my portfolio is going up, why do we need to talk? That’s one answer we hear when contacting clients to schedule reviews of their investments. Here’s another: Is something wrong? Is there bad news? There can even be an unspoken concern: Are you going to try to sell me something? Let’s