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Monthly Archives: December 2016

Stocks close higher but Dow fails to crack 20,000

The difference between successful people and really successful people is that really successful people say no to almost everything. – Warren Buffett While the Dow Jones Industrial Average came close to eclipsing the 20,000 mark last Tuesday, it ultimately fell short in quiet trading and ended the week at 19,933, a gain of about 90 […]

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S&P 500, Nasdaq edge lower as Federal Reserve hikes rates

Value investing is at its core the marriage of a contrarian streak and a calculator. – Seth Klarman The fact that both the S&P 500 Index and the Nasdaq Composite Index ended last week virtually flat should be viewed as positive considering the Federal Reserve has become more hawkish and economic data was mostly weaker […]

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S&P 500 closes at record high, fueled by post-election optimism

The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently. – John Bogle After seeing its winning streak snapped in the prior week, […]

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Post-election rally in stocks stalls as S&P 500 falls 1%

You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don’t swing for the fences. When promised quick profits, respond with a quick ‘no’. – Warren Buffett Both the […]

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