Client Letter: April 27, 2020

 April 23, 2020  Dear Valued Investor,  “Life is 10% what happens to you and 90% how you respond to it.” — Lou Holtz, Hall of Fame football coach  As the battle against the COVID-19 pandemic continues, how we respond to it will determine how we beat it. Continued sacrifices range from everyone in the medical […]

Client Letter: April 8,2020

April 8, 2020 Dear Valued Investor: These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery shown by healthcare workers on the front lines. Other […]

April 2 Client Letter

April 2, 2020 Dear Valued Investor:  “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett  The battle with COVID-19 rages on, and the headlines continue to get worse. The number of new cases and deaths […]

March 20, 2020 Client Letter

 March 18, 2020  Dear Valued Investor:  Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost.  Global economic growth has been slowing, the US economy likely will contract […]

COVID-19: Client Update

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March 13, 2020 Dear Valued Investor: Fears over the spread of COVID-19 (coronavirus) have gripped the country and sent stocks in the US and around the world into bear markets. Thursday’s nearly 10% decline in the S&P 500 Index was one of its worst days in history and the largest one-day percent decline since the […]

March 2020 Client Letter

March 5, 2020  Dear Valued Investor:  It’s been a tough week. The number of coronavirus cases have continued to increase globally, and new cases have been confirmed in the United States. Countries are making progress with containment, but those efforts also have resulted in a reduction in economic activity, adding to market uncertainty.  We can […]