April 2018 Investor Report
April saw a return to growth across all major indexes and our portfolios. Despite this, we have some apprehensions about the immediate future of the…
March 2018 Investor Report
March saw outperformance in our accounts compared to the ongoing weak performance among the major indexes, with the Dow Jones falling more than three percent…
February 2018 Investor Report
The start of the February was certainly eye‐opening to many investors. We saw the Dow Jones Industrial Average fall more than five percent in the…
January 2018 Investor Report
During the month of January our performance continued to be positive, consistent with headlines of companies reporting benefits from recent federal tax cuts. As always,…
December 2017 Investor Report
We hope that you had a great holiday season with family and friends. As we look to a prosperous 2018, our firm continues to monitor…
November 2017 Investor Report
Overall, November was a busy month, as we initiated approximately 9 to 11 positions that we believe represent great value. We had a couple widely…
October 2017 Investor Report
After a very strong September, we continued our appreciation path as we had several investments pay dividends and interest. This influx of cash, supplemented a…
September 2017 Investor Report
We are very encouraged by the showings across our assets in September. After witnessing minor weakness in August, we saw a return to steady, positive…
August 2017 Investor Report
In the months of June and July, we saw strong performance across our portfolios. This was largely lead by the price appreciation in crude oil…
July 2017 Investor Report
As we continue to move through the summer, a few of our investments have heated up. At the outset, we would like to provide insight…
