Category Archives: portfolio management

Quarterly Outlook Summary

Pessimism is growing about the future direction of the markets as is speculation that valuations have become too high. These sentiments are not uncommon in strong markets. Sometimes it’s called climbing a wall of worry. The common ingredients for a … Continue reading

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Quarterly Outlook Summary

Our accounts have been performing very well this year largely due to two of our major holdings, Amazon and Oclaro. While these began as quite modest positions, they have grown sufficiently that they are both quite large in our standard … Continue reading

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Quarterly Outlook Summary

There is little to change in our recent assessment of the markets and the economy. The economy continues to slowly gather steam as housing begins its long awaited recovery and as private sector business confidence and spending also recovers. The … Continue reading

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Quarterly Summary to Clients

Although your account has performed quite well over the past twelve months, the most recent quarter has been difficult as we proceed into some very difficult economic terrain. This recovery is one of the weakest on record and unemployment remains … Continue reading

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My 2010 Year-end Summary to Clients

To My Clients: Our accounts were up 12.5 % for the Quarter and up 22.5 % for the year 2010. We are very gratified to have obtained excellent returns and performance for another year in a difficult economy and despite … Continue reading

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My Quarterly Summary to My Clients

To My Clients: Our accounts are down 1.7 % for the Quarter and up 9.4 % for the year 2010 to date. Your account has held relatively steady this past quarter even though it has been a difficult one for … Continue reading

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