<November 18, 2025> In the 1990’s, one of the most admired and widely held stocks in America was General Electric (GE). It was the blue chip of blue chips—a pillar of corporate excellence. By 1998, GE had become the largest company in the U.S. by market capitalization. It was the NVIDIA of its day. But instead of designing sophisticated semiconductors, GE was an industrial conglomerate wrapped around a massive financial subsidiary.   Many of GE’s businesses, from jet engines

<October 15, 2025> Born in 1910, my grandfather lived through the Great Depression—an experience that left a deep and lasting impression on him, as it did on many in his generation. He was a hard worker and a relentless saver. Whenever I greeted him with, “What do you say, Gramps?” his response was always the same: “Save your money!” It was great advice, and I listened. By sixteen, I had my first part-time job, and by eighteen, I bought my first CD with a 7% coupon. Those wer

<September 15, 2025> Some investors are comparing the current market cycle to that of 1999—and there are certainly similarities....

<August 11, 2025> One of the top bumper stickers of all time—I Used to Be Cool—is often spotted on minivans. I can relate. After our...