Current Philosophy
Investment results are produced through a constant focus on risk
Many big Wall Street firms and their army of salesmen have become driven by the profit motive- not the financial well being of their clients
This broken and conflict ridden industry model calls for a new way forward built on independence and attention to fiduciary responsibility
Our firm began with a mission to put performance ahead of products
Most mutual funds marketed to the public underperform and over charge; as a result, these high cost investment products may pose a serious threat to successful long-term asset growth
Transparency and clarity are essential ingredients in the investment process
You can learn a lot from studying market history
We are in the midst of a generational wealth transfer from deficit laden western economies to the more populous and less leveraged emerging world
In 2000, US equities entered a structural bear market. Historically, these periods of extremely low annualized returns have lasted between fifteen and twenty years
Commodity prices are most likely in a structural bull market cycle and can be an effective hedge against future inflation risks
Sector risk analysis and worldwide capital diversification may be more important than individual stock selection
Gold is a currency and good barometer of market confidence in Central Bankers
Total return investing can be defined by viewing capital appreciation as a component of income and treating cash/foreign currencies/precious metals as an asset class
Tactically managed equity income portfolios may provide better return than traditional "balanced" stock and bond investing; this is especially true in an inflationary environment
