By Lewis Johnson - CHIEF CONCLUSION If capital preservation is your goal, then I believe the single hardest part of portfolio management is thoughtful preparation for the end of the cycle. I know I worry about this a[…]
Lewis Johnson
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By Lewis Johnson - CHIEF CONCLUSION Long-time readers of our research will understand that our constant messages are the importance of risk management and avoiding losses. While this seems like common sense, our[…]
By Lewis Johnson - CHIEF CONCLUSION Since 2012, investors owning the S&P 500 have seen their money grow eight times faster than the return of the MSCI Emerging Market Index. Investors unfortunate enough to lug around[…]
By Lewis Johnson - CHIEF CONCLUSION We agree with Jude Wanniski that the single biggest determinant of our collective economy’s success in the future may come down to how the electorate decides to treat wealth and[…]
By Lewis Johnson - CHIEF CONCLUSION When it comes to investing, it’s easy to get lost in the details of analysis and strategy while forgetting the noble purpose to which all its efforts are truly dedicated: helping[…]
