
“Challenge your preconceptions, or they will challenge you” – Vulcan (from Star Trek) Proverb
“All we can do is put foam on the runway” – Tim Geithner, speaking before the collapse of Lehman
Dear Clients and Friends, Foaming the runway, in a literal sense, is spraying a thick layer of foam on a...
Challenge Your Preconceptions, Or They Will Challenge You
Dear Clients and Friends, Most believe that traffic lights make for safer traffic conditions and fewer wrecks, so in the...
Price Is What You Pay, Value Is What You Get
Dear Clients and Friends, What is value if it isn’t priced? There are so many ways of describing value -and...
Markets Climb a Wall of Worry
Dear Clients and Friends, In 1971 an Austro-Hungarian born immigrant named Peter Drucker started one of the first MBA programs...
Hearing Hoofbeats – Think Horses, Not Zebras
Dear Clients and Friends, The art of medicine is best practiced by using probabilities to diagnose and treat disorders and...
Doing Everything With Nothing
Dear Clients and Friends, We are currently either in, or coming out of a bear market. We just experienced two...
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The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice. Cryptocurrency and cryptocurrency-related products can be volatile, are highly speculative and involve significant risks including: liquidity, pricing, regulatory, cybersecurity risk, and loss of principal.