History never repeats itself, but it often rhymes. This is even more so the case this year, as Trump began his second term with similar but different disruptions to the markets. Rising stocks, normalizing inflation, and the AI boom took center stage. We discuss some of the key events below and try to anticipate where […]

Proper forest management requires clearing dead brush, protecting high-risk areas, and conducting controlled burns. As January 2026 approaches, marking the one-year anniversary of the devastating Southern California wildfires that destroyed over 16,000 structures, we examine the mistakes made and how those lessons apply to the financial markets. Much like forest fires, risk can be mitigated […]

“If everything in your portfolio goes up and down at the same time, you have a bad portfolio.” This simple but powerful observation from Mark Rzepczynski, former CEO of John W. Henry & Company, is one I think of often – for both my customers and my own investing. A losing position in your portfolio […]