Blog

Uncertainty over the trade relationship between China and the U.S. has periodically roiled markets this year. This week, the topic is again front and center as top Chinese economic officials make their way to Washington to convene talks.

“Apparently, now I’m a verb,” the billionaire founder of Greenlight Capital told the audience at the Value Investing Congress in 2013. He flashed an article with the word “Einhorned” in the headline.

“Let’s talk about time. I’m not sure how much I’ve got left, ok? I’m 70. Longevity does not run in my family. So, how much should a guy like me have in the stock market?”

That’s what a client asked during a recent meeting. Great question.

Danny Hurley knows about tough comparisons.

Before becoming the starting point guard at Seton Hall University, Danny grew up in the shadow of an older brother named Bobby. Bobby Hurley led the Duke Blue Devils to consecutive national championships and is the NCAA’s all-time assist leader.

First, Facebook did a face plant. Then Twitter and Tesla. Next, the mightiest of the mighty FAANGs—Amazon and Netflix—buckled and saw sharp declines.

The U.S. dollar has steadily fallen since 2017. Consensus positioning in the futures market leans bearish, and many pundits are calling for sustained dollar weakness.    

I’ll take the other side of that bet.

It’s being described as potentially “the largest retail liquidation in the country’s history.” Toys ‘R’ Us is closing over 700 stores nationwide.

Middletown, Ohio is my wife’s hometown. Generations of her family have worked for the local steel mill, Armco Kawasaki Steel (ticker: AKS). Although AK Steel is no longer the largest employer in the area, it is still a dominate topic of conversation at many family gatherings I’ve attended.

This is a story about a man who made a smart investment and went the distance pursuing his dream.

The man grew up with a burning desire to be in the movie business.