Apologies for the delay between posts lately. Been working on some new names in the portfolio and attempting to get in some quality family time.
New puppy at home, too. Been a blast – although I had quite the battle with my two young daughters when it came to choosing a name for him. After exhausting all other options, I was able to eventually, for a small sum, buy the naming rights to him. It was a desperate move – but I was outnumbered and out of options. There was just no way I could let him be named “Rainbow Princess.”
So, here’s Murphy. Don’t let the picture fool you, though. He may look like a black lab, but turns out he’s really a fur-coated flip-flop destruction machine.
In any case, I will get my next investor letter out in another week or so (you can sign up here), and back to the blog after that.
In the meantime, a belated happy holidays to all.
Posted by Cale at 12:55 PM in The Good Life
Two indications this morning that all the market volatility this year is taking its toll:
1 – Bill Miller, former media darling and Morningstar Mutual Fund Manager of the Decade, is calling it quits.
2 – This is a screenshot from the Bloomberg website this morning. I drew the red boxes.
Which is it, people?
Even editors get flummoxed, apparently.
Stay calm out there.
Posted by Cale at 10:44 AM in For Investors
In case you missed it, here is the unbelievable 60 Minutes story about insider trades by our elected representatives in D.C.
Not sure what term makes me cringe more…”political intelligence” or “honest graft.”
Posted by Cale at 5:30 AM in Commentary
@PhilipEtienne No, will watch for a bit. Here's to hoping for another overblown scare in a few weeks, though. in reply to PhilipEtienne 5 hrs ago
