As workers return to the office after an extended Labor Day weekend, labor and employment are naturally front of mind. This is even more true for Jerome Powell and the members of the Federal Reserve Board of Governors. As the Fed’s battle against inflation appears to...
Michael Samford
Market Volatility and the Buffett Indicator: A Review of Current Market Levels
Mere days after the popular media began dusting off references to the famous “Buffett Indicator”, markets hemorrhaged trillions of dollars in market value as part of a global stock selloff. The immediate investor concern as clear as ever: is this a healthy correction...
Curating the Future of Your Estate
An Unnerving Topic If your local newspaper published your obituary today, would you read it? In 1888, this surreal scenario played out for an accomplished inventor and industrialist who found himself reading his own obituary while very much alive. A death did occur,...
Climates of Change: The Intersection of Presidential Elections and Financial Markets
A Day in the Life These professionals spend their days in a routine blending analysis and advocacy. They review the latest reports to prepare for the day ahead, collaborate with trusted advisors, closely monitor active threats, and always advocate for opportunity....
Tradition, Triumph, and Trends: The Intersection of Thoroughbred Racing, Fine Spirits, and Economic Insight
A Tale of Perseverance and Chance The year was 1951 at Hamburg Farm in Lexington, KY, where a newborn foal faced a precarious start, struggling to breathe following a difficult birth. The legendary horseman, John A. Bell III, took a remarkable step, administering a...
Sluicing for Fortune: An Honest Household Guide to Cryptos
From Golden Shores to Digital Frontiers In the mid-19th century, the California Gold Rush transformed the landscape of opportunity, drawing thousands westward with dreams of wealth glittering on the horizon. As prospectors flocked to the promise of untold riches, the...
Navigating the Currents of Active and Passive Management
Masters of Their Domain In the obscure world of high-stakes professions, there exists an elite group, whose members command salaries north of $700,000 per year. These individuals, akin to a specialized military unit, are deployed throughout the world on a moments’...
A Leap Year to Surpass All Leap Years
Gastropods—the scientific name for slugs—are slow. In fact, they are even slower than “messages in a bottle” which have been documented to meander adrift ocean currents at speeds of just 0.75mph. The Usain Bolts of slugs cover 150 feet per hour, while the slowest...
The Metamorphosis of Financial Landscapes
"The Metamorphosis," written by Franz Kafka, is a profound and unsettling tale that begins with its protagonist, Gregor Samsa, awaking to find himself transformed into a large, grotesque insect-like creature. Gregor, initially bewildered and disoriented, tries to...
Dancing Gorillas and The Quest for Attentive Excellence
In a complex world, the nuances of focus and attention strongly influence success and failure. The iconic ‘Invisible Gorilla’ experiment, conducted by Harvard researchers Christopher Chabris and Daniel Simons in 1999, offers a compelling demonstration of this idea....