“You want to be greedy when others are fearful.” Warren Buffett said that in an interview with Charlie Rose. Warren knows a thing or two about investing. He bought low-risk cash flow when it was on sale. Tech heroes have created enterprises that sell for bigger multiples. People who buy tech stocks are paying now…
Recently, Swiss investment bank UBS and researchers at Campden Wealth Research published their annual report on the world of family offices. If you’re not familiar with the term, a family office is essentially a private wealth management group that handles investments, finances and other important matters for super-rich individuals and affluent families.
As clients and regular readers know, I have been more upbeat on the U.S. economy than many of my fellow financial writers in recent years, and especially this year. Several of the writers I read have been calling for a US recession this year and warn that it could be a rough one.
It is becoming increasingly clear that the Left and the mainstream media believe the only way to get President Trump out of office next year is a U.S. recession. They are increasingly stoking fears of a recession next year, and that led to some wild markets last week. The Dow Jones plunged 800 points last…