Blog Archives

Riding a False Premise: The Hard Rain Scenario

Never did that before

I saw ten thousand talkers whose tongues were all broken

I saw guns and sharp swords in the hands of young children

And it’s a hard, and it’s a hard,

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The Power of Concentration What You Need to Know

Power of Concentration Warren Buffett
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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I Hope I Live So I Never Get Old

The Who Roger Daltrey and Pete Townshend B

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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Stuck in the Middle with You in London

London

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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All Roads Lead to the Fed

All roads lead to the Fed

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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Apartment Owners Benefit the Most In Economic Recovery

Apartment Owners and the Benefits of an Economic Recovery

As apartment owners we are obviously very interested in the affordability and appeal of home ownership as it can compete directly with apartment demand. I recently came across a couple of interesting pieces of research from the Federal Reserve. While others might be enjoying Game of Thrones or other cutting edge television and entertainment I somehow find myself looking for cutting edge research related to housing,

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Strategic Planning-Questions Everyone Wants the Answers To

Strategic Planning – Asking the Important Questions

Since CWS was founded in 1969 the company has been far ahead of the curve by embarking upon strategic planning meetings once a year. The purpose of these meetings is to review what we did well, where we fell short and how we can learn from our mistakes and disappointments,

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Biden vs MBS

President Biden Saudi Arabia Crown Prince Mohammed Bin Salman (MBS)

The Post Millennial Peter Doocy_ _The President says no one F's with a Biden, but it appears OPEC+ has

President Biden was caught on a hot mic when visiting Florida telling the mayor of Fort Myers that “No one Fs with a Biden.” As the tweet above shows, however, it appears that OPEC+ is doing just that. The question is, what will Biden do about it?

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Miss Truss(t)'s Hail Mary

Miss Liz Truss(t)'s Hail Mary B

FT Alphaville September 29, 2022 Twitter

The value of a country’s currency is a good barometer of its economic policies, human capital, competitiveness, freedoms, growth prospects, etc. From this chart, one can see that Great Britain has been on a long decline from a competitiveness standpoint versus the United States.

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Lag Effects and the Kamikazi Fed

Kamakazi Fed

One of the things that I periodically do with my trainer are exercises that focus on getting my heart rate to 80% of its maximum after starting at 75%. It’s done to stress the heart and to see how quickly it can recover. I have used an exercise bike and versa climber to facilitate this,

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