Insights2023-06-20T19:57:42+00:00

INSIGHTS

If

By |June 5th, 2017|

By: Matt Garrott The month of May marks the 7th anniversary of the first Bitcoin transaction, an exchange of 10,000 Bitcoins for 2 Papa Johns pizzas.  Reaction to the trade at the time was mixed.  There were many people who thought it was neat that someone finally bartered [...]

Why Settle for Average?

By |May 2nd, 2017|

By: Matt Garrott Capital Group is pushing back hard against the passive investing crowd.  They make the case that some basic screens (low expenses, manager investing in their own fund, etc) can reveal good managers.  I agree with that.  The screens I use at Fairway are kind of [...]

No One Expects a 40% Return for the S&P 500 This Year

By |April 6th, 2017|

By: Matt Garrott No One Expects a 40% Return for the S&P 500 This Year I defy you to find a pundit optimistic about the stock market.  Is anyone predicting double digit returns?  Low to mid-single digits seems to be the popular view among those shouting the loudest.  [...]

Hedge Funds, Buffett, and Dumb Luck

By |March 6th, 2017|

By: Matt Garrott As usual, Warren Buffett’s letter to shareholders of Berkshire Hathaway is a must-read.  It is well known that he advocates low-fee indexing for most investors.  As his famous bet with a hedge fund of funds manager winds down, Buffett unleashed both barrels on high-fee money [...]

Accurate Ambiguity

By |February 2nd, 2017|

By: Matt Garrott Punxsutawney Phil practices accurate ambiguity. The vast majority of the time, he sees his shadow.  This portends 6 more weeks of winter, generally lining up with the Spring Equinox.  What a great strategy.  Winter usually lasts 6 more weeks so predict 6 more weeks of [...]

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