Tech vs Financials – the Yin and the Yang

Tremendous article by Josh Brown today on Second Chances. Couldn’t let it pass:¬† ————————————————- In the 1990’s the two sectors moved together and at one point in the early 2000’s, both sectors together comprised close to 50% of the market … Continued

OPEC meeting, Saudi Aramco and the State of Commodities

Because of the diminished long-terms returns-on-invested-capital and the inability for many commodity companies to build what Mr. Buffett and Morningstar call the “sustainable moat”, clients have never owned substantial positions in commodity companies for longer periods of time. Yes, Alcoa … Continued