The latest P&A quarterly letter to clients is available in PDF form. You can download it...
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December Market Recap
A review of the headlines from the past year could easily lead one to conclude that the markets were likely to have struggled. Beginning with...
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Points and percentages
December was a wild ride for the stock market. CNBC, the financial infotainment network, was in heaven. So many BREAKING NEWS opportunities! ...
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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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