The latest P&A quarterly letter to clients is available in PDF form. You can download it here. Topics include historical stock market...
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On bears and corrections
Many investors live in fear of corrections and bear markets, even though they happen fairly regularly. This article is not a bear market...
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A verbal crop-dusting
Years ago, I had a window seat on a flight to Boston. Shortly before takeoff, the lady next to me leaned over and said: “I’m a nervous flyer....
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What’s next for stock market investing?
After watching the market sell off 6%+ the last three days, there’s a good chance you’ve been expecting a note or call from us telling you...
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Defying Gravity
If you haven’t heard it in the news by now, I’d be willing to bet the thought has crossed your mind… How can stocks keep going up from here?...
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