In an era of technological disruptions and evolving global dynamics, academia continues to play an indispensable role in guiding the financial and investment industries towards responsible, sustainable, and successful outcomes After recently dropping my daughter off at college, I was…
*Our firm’s AI Market Commentary dated as of 8/19/2023 has been updated with an important footnote because, without additional clarifying information, it can be interpreted as stating that we are using AI more extensively and more directly for investment selection…
“Buy land, they’re not making it anymore.” – Mark Twain Over the long run, Montecito real estate has been an excellent investment. Indeed, price growth has averaged about 8% per annum over the past five years versus 7% for the…
Omega Financial Group did something not many private wealth management groups tend to do on June 12, announcing the launch of its own financial index — Argos AlphaEsg Index. A Santa Barbara-based firm, Omega was founded in 2010 by Dylan…
“If you’re not confused, you’re not paying attention.” Tom Peters (author of In Search of Excellence) The Good Have you heard about the recent “terrible” economic news?Unemployment is at its lowest level in over 50 years, as shown by the below graph: Meanwhile,…
Over these past two decades there has been much discussion about how we are continually entering into a new normal. This year, however, we are back to the “old normal”, at least as far as financial markets are concerned. We are…
As of Monday (6/13), the US stock market has officially hit Bear Market territory (i.e., a fall of at least 20%). The S&P 500 closed down some 21% year-to-date. The tech-heavy NASDAQ 100 closed down almost 31% year-to-date. This is…
“[We] can calculate the motions of the heavenly bodies, but not the madness of people.” Sir Isaac Newton after losing a fortune from investing in a hot stock c. 1720 Since Putin has chosen to invade Ukraine, 44 million Ukrainians…
A nickel ain’t worth a dime anymore. Yogi Berra I’ve had a lot of worries in life, most of which never happened. Mark Twain Many clients have been asking about the problem of supply chains. Many other clients have been…
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hitman.” Ronald Reagan “A nickel ain’t worth a dime anymore.” Yogi Berra We have had many clients ask about inflation recently, so…