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“The stock market is a device for transferring money from the impatient to the patient.” Interestingly, throughout 2021 and 2022, there were no U.S. ” Warren Buffett, Chairman and CEO of Berkshire Hathaway Corporation Warren Buffett is one of the world’s foremost investors. SVB is the second-largest bank failure in U.S.
“ We have long felt that the only value of stock forecasters is to make fortune-tellers look good.” Both bonds and stocks reversed course for the remainder of the quarter, posting losses for the period. Looking ahead, we believe history will regard the 2007-2021 time period as anomalous. With a current net worth of $115.7
This Christmas, Santa’s Route Included a Stop on Wall Street At year end, the stock market rallied sharply and bond market performance was nothing short of breathtaking. This strong push in November and December ended the long stretch of losses that fixed-income investors have endured since 2021. We look forward to seeing you soon!
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