by JD Gardner | Sep 4, 2024 | Market Updates
Brian wrote a post last week that’s relevant to this month’s writeup. It’s worth a few minutes of your time as it provides perspective around how you should think about investing your hard earned money: The Lost Century in Bonds. Volatility is not risk, and the...
by JD Gardner | Aug 5, 2024 | Market Updates
Real-Time Update I started this note with markets at all-time highs, or close to it. As I type, we are now in a ~8% pullback. VIX hit 65 this morning (August 5th). This type of market action makes July’s note even more relevant. Please hit us with any...
by JD Gardner | Jul 8, 2024 | Market Updates
Basketball is a simple game. There’s complexity when it comes to different offensive or defensive schemes. There’s advanced analytics and Moneyball-type statistics everywhere. That stuff is fun to think on and discuss, but it can also be a distraction. The team that...
by JD Gardner | Jun 5, 2024 | Market Updates
I’ve been reminded of two things this month: It is a privilege to get to write about things we think matter. Thank you for the opportunity. The importance of communicating clearly. I’ve recently been given a chance to help the varsity basketball team at Fairhope. We...
by JD Gardner | Mar 5, 2024 | Market Updates
We group portfolio risk into two categories: Longevity Risk Drawdown Risk (A form of volatility risk) Risk #2 dominates the minds of most advisors and clients we speak with. Behaviorally, most of us have an aversion to losses. Mathematically, large drawdowns are...
