Saying that the stock market is showing signs of excess is an understatement. Exhibit 1: This chart via Jim Bianco is the Goldman Non-Profitable Technology Index. Exhibit 2: This family is selling their home to invest in stocks. Exhibit… Read More
Listen Download AMM Dividend Letter #42: Lockheed Martin (LMT) Links Reddit Thread on F-35 Quality Comments from Pilots on the F-35 The Pentagon Wars (movie) Books AMM Dividend Letter Vol. 1 AMM Dividend Letter Vol. 2 AMM Dividend Letter Vol…. Read More
One of the hardest things for us to do as a portfolio manager is to sell a portion of a winning position. A position that has gained in value is a symbol to our brilliance and a testament to our… Read More
Bonds are essentially loans. You give a company or some other entity money, they pay you interest, and eventually give you your original investment