In researching financial markets, investment trends and investor behavior, we leave no stone unturned to bring you a thoughtful, well-informed point of view.

SIGN UP

THE SUM


Knowledge + care + discipline bring you peace of mind


Click the links below to read more—and please let us know what you think.

Bad Breadth Always Rings Twice

It probably is not apropos of the season, but we will confess a secret: We are huge fans of film noir with its hardboiled dialog, cynical worldview, corruption and the rotten characters.

READ MORE

Quicksilver Messenger Service?

We live in a time of great skepticism. Surprising strength from outsiders has marked nomination races for the 2016 election in both political parties.

READ MORE

Divergent Logic

Late last year, our newsletter discussed a lack of logic as a markerof mature, late-stage bull markets. Market tops tend to be long, drawn-out affairs, frustrating investors trying to make sense when sense is not rewarded.

READ MORE

Who Shot the Sheriff?

Imagine a family putting up a sign bragging that because they have not experienced a burglary for several years, they are going to stop paying for an alarm system and cease locking the doors.

READ MORE

Coin Flips, Business Thinking and Losing the Game

Imagine it is possible to possess a coin that, when flipped, comes up heads 55 percent of the time. If you believe you own one, you would be unwise to bet much on the next flip.

READ MORE

Déjà Vu All Over Again

As in Groundhog Day (the movie, not the calendar date), our lives seem filled with recurring, if non-identical, events.

READ MORE