Gary Carmell
There’s an old joke about economists that asks what happens when you put 10 economists in a room. You get 10 opinions. Well, in predicting whether the Fed would cut the Federal Funds Rate by 25 basis points or 50 basis points, they were virtually unanimous in their opinion,
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Gary Carmell
I saw a clip of a recent interview with Sergey Brin, the co-founder of Google and worth more than $100 billion. He was being interviewed in front of a live audience. The first question he was asked was how much time he was spending at Google.
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Gary Carmell
“Be true to yourself, help others, make each day your masterpiece, make friendships a fine art, drink deeply from good books—especially the Bible, build a shelter against a rainy day, give thanks for your blessings, and pray for guidance every day.”
John Wooden
Every so often,
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Gary Carmell
Pain can come in many forms beyond just the physical. And the root cause of some physical pain can also be emotional. I know a lot of Oasis fans have been in pain ever since that fateful backstage row in Paris in 2009 when Noel Gallagher finally had enough of being in the same band with his younger brother Liam and called it quits right then and there.
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Gary Carmell
Charles H. Brandes is the founder and chairman of Brandes Investment Partners, L.P. and a true pioneer in international investing. He is also a strong adherent to the principles of value investing. One of the benefits of being a CFA is that I get access to publications from the CFA Institute and every so often there are some gems that I come across.
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Gary Carmell
I have always liked Carly Simon’s song “Haven’t Got Time for the Pain.” The song is about someone in the narrator’s life who taught her how to let go of melodrama and self-sabotage and that life is too short to be addicted to such pain and suffering and letting those unruly voices in her head run rampant.
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Gary Carmell
It’s been a challenging couple of years for apartment owners, but, as I have been writing about over the past year or so, there is definitely light at the end of the tunnel. This is because apartment construction while having been at historically high levels,
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Gary Carmell
After the chaos in Japan led to a pretty massive unwind of the yen carry trade, which spilled over to stock market losses and Treasury market gains (yields dropping), last week reversed some of that carnage. The stock market rebounded sharply, and bond yields went up,
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Gary Carmell
I think this headline last Friday from CNBC tells us much of what we need to know about the economy.
Up until recently disappointing economic news was generally good for the stock market because it has led to lower interest rates and more pressure on the Fed to cut rates.
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Gary Carmell
An exercise that is highly recommended to help one gain perspective and to prioritize what is truly important in one’s life is to write one’s own eulogy. It’s been said that wisdom is being able to see the end from the beginning and this exercise can help do that.
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