Gary Carmell
I’m usually a very patient person, and sometimes, it’s to my detriment. It can lead me to tolerate situations longer than I should. On the other hand, when I have reached the end of my rope, then watch out as I can be quite decisive in taking action to change the situation,
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Gary Carmell
I hope everyone had a wonderful Thanksgiving. I’ll pivot back to Jay Powell and the Fed from Pete Townshend and The Who. Two of my favorite subjects 🙂
The minutes of the Fed meetings that took place November 1-2 were released last week.
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Gary Carmell
Warren Buffett’s 2014 Letter to Investors – The Power of Concentration
Warren Buffett’s Berkshire Hathaway’s stock price exceeded $200,000 per share for the first time in August 2014. The company was the world’s fifth most highly valued corporation in 2014 and dropped in 2022 to 6th place. The stock was propelled higher by record earnings (August 1,
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Gary Carmell
A few weeks ago, I saw The Who in concert in Orange County. On a whim, I decided to see if tickets were available two days before the show, and sure enough, I could find some reasonably priced. It was the third time I had seen the band.
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Gary Carmell
Last Thursday was an incredible day for virtually all markets. That is when the CPI report was released, and inflation came in a bit lighter than expected which in turn lit a fire under the bond and stock markets. The NASDAQ was up by more than 7%,
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Gary Carmell
Although the hawkish Fed has made it more challenging for many businesses in the United States, it has also resulted in some beneficiaries. One is just plain old savers who, during Covid, essentially earned 0% on their idle savings. With the Fed aggressively raising short-term rates,
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Gary Carmell
I’m writing this sitting on a massage roller because I am dealing with some persistent hip and back pain. The unfortunate byproduct of this is that it has become very difficult to play tennis because each time I plant my left foot with any kind of force there is shooting pain is triggered in the left hip.
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Gary Carmell
Saturday marked the second anniversary of Roneet’s passing. In many ways, it’s still hard to believe. And yet, because of her passing and all of the adjustments that I have had to make, quite a bit has changed as well. Early on I said that I never intended to move on but to move forward.
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Gary Carmell
I recently visited London for meetings with insurers. This is the second year in a row I went for these meetings, and the third overall. In spite of the time and cost, I came away convinced that it was well worth it,
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Gary Carmell
I was traveling internationally last week for some meetings in London as well as a side visit to Paris prior to Chunneling it to London. While I was hoping to discuss Paris this week, given limited time and the market’s reaction to last week’s CPI report,
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