Which animal is responsible for the greatest number of human deaths in the U.S. each year? ¹ Alligator Bear Deer Shark Snake The answer might surprise you. Deer are responsible for about 120 human deaths per year. Alligators, sharks, snakes, and… Read More
Download AMM’s Q2 2018 Client Letter Life’s but a walking shadow, a poor player that struts and frets his hour upon the stage and is heard no more. It is a tale told by an idiot, full of sound and… Read More
Our 2017 stock market prediction was wrong! From Issue 32 The S&P 500 will return between -26% and 20%! The total return for the S&P 500 in 2017 was 21.82%. In our defense, the prediction was only within a 95% confidence range and… Read More
We liquidated our position in Proctor and Gamble (PG) earlier this week. While the position had generated positive total returns, dividend growth has stalled in recent years and the company is facing secular headwinds related to their core business. Below… Read More
Download the AMM Q1 2018 Client Letter There is a saying attributed to Mark Twain that goes “History doesn’t repeat itself, but it often rhymes.” Just as there is a business and economic cycle represented by expansion and contraction, there… Read More
Download this issue as a PDF In 2011 the Japanese city of Miyako was destroyed by the Tsunami created by the Tōhoku earthquake. Sadly, this was not the first time a Tsunami destroyed the city. In 1933 Miyako was destroyed… Read More
Stitch Fix (SFIX) will soon do an IPO. Stitch Fix is a new way to sell clothes. A highly personalized selection of clothes for you to try on in the comfort of your home. Keep what you like and return… Read More
The concern with AbbVie’s blockbuster biologic Humira is the lost of patent exclusivity in the U.S. and Europe over the next two years. The worry is revenue from Humira will drop off a cliff as generic drugs enter the market…. Read More
The craze surrounding cryptocurrencies and initial coin offerings is an echo of the South Sea Bubble that hit England in the early 1700s. South Sea Bubble The South Sea Bubble wasn’t just a bubble related to trade involving the South Seas,… Read More
On Friday, July 7, we sold Kraft Heinz Co. (KHC). Kraft Heinz is a long-term holding in AMM Dividend Strategy portfolios. We first received shares when the original Kraft split into 2 companies, Mondelez (MDLZ) and Kraft Foods (KRFT). Then… Read More
AMM Second Quarter 2019 Client Letter Anyone who has even casually sought investment advice has likely heard the adage “invest for the long-term”. It’s