The Behavior Of Tiny Houses

My latest post for Alpha Baskets is published and includes the following; Zweig cites one survey of investors who expect a balanced portfolio to have an average annual return of 8.5% which he notes actually exceeds the average annual return of just equities. It’s worse with institutional investors who expect 20% annually from venture capital investments. Please click through to read the entire post. These trucks take a beating. Engine panel from Walker Fire Patrol 85 Fittings and wye...

This One Goes To 11

The weekly Market Update is posted at Alpha Baskets and includes the following; Not quite 11 but the SEC has approved 4X levered ETFs from ForceShares, one of which will track the broad market and the other will offer inverse exposure. Bloomberg TV had a little fun with these funds, sharing some humorous Tweets including one that proposed the symbol “METH” for them. Some will say these are tools for speculation and should not exist and while the typical investor is unlikely to need such exposure we do think the market should determine whether there is or is not an audience for these funds. Please click through to read the entire update. Prescott National Forest Engine 931 One of my favorite trucks from the Mint...

An Art Fund?

My latest post for Alpha Baskets is published and includes the following; One crucial concept to investing that I should write about more is the extent to which simpler is better. While “simple” is relative to the individual’s experience, an art fund won’t be relatively simple for too many people. Please click through to read the entire post. Over the weekend we hit up a garage sale at an artists house in New River. In between two of his out-buildings...

The First 100 Days

The weekly Market Update is posted and includes the following; Trump laid out a very specific legislative agenda that so far has not come to pass in terms of health care and tax reform as the headliners. The timetable now for either one depends on who you ask. The fate of the wall seems to be in question. He has had a few negative encounters with other world leaders; detractors would say he doesn’t know what he is doing and supporters would say he is being tough and that is exactly what they wanted. Please click through to read the entire update. Professional mountain biking made its annual visit to Prescott over the weekend with a series of events including mens and womens criterium races on Friday through the streets of downtown Prescott, amateur races on Saturday with the pros going on Sunday. At a minimum we go to the Friday night events. Early in the mens criterium Later in the mens criterium Artsy picture of bike...