Market Commentary

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A Value Depression Opportunity – Q3 2020

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The Bubble in the Crash – Q2 2020

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Historic Times – Q1 2020

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True Value – Q3 2019

We’ve Seen this Movie Before – Q2 2019

A Historic Divergence – Q1 2019

Profit Signals, Market Noise – Q4 2018

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Volatility and True Results – Q3 2018

The “B” Word – Q2 2018

Quantifiable Absolute Returns – Q1 2018

Margin of Safety – Q4 2017

Risk and Volatility – Q3 2017

Priorities and Performance – Q2 2017

Melt-up – Q1 2017

The Voting Machine and a Different Kind of Bubble – Q4 2016

Passive Investing and Stock Market Structure – Q3 2016

Keeping Time – Q2 2016

Top-Down Concerns; Bottom-Up Opportunity – Q1 2016

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