Chip’s Commentary

Q3-2017 Letter to Investors

Three Market Threats

On November 15, 1963, Benjamin Graham, “the father of value investing,” delivered a Town Hall address at the St. Francis Hotel in San Francisco titled “Securities in an Insecure World.”
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Is the Job Market Weakening?

Some are questioning if May’s weaker than expected employment gain is foreboding.
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Amazon Hits $1000 ​

Since its IPO, Amazon has generated a 66,566% total return for its investors.
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Are Stocks Overvalued or Not?​

The indicator most often used to measure stock valuations is the price-to-earnings (P/E) ratio.
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Can What Goes Up, Go Higher? ​

In the past week, market pundits have been raising their concerns about the current valuations sported by stock market indices.
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