Chairman’s Message: 2020 Hindsight?
If I had told you in the Fall of 2016 – not even five years ago – that Elon Musk would be the richest man in the world, a global pandemic would virtually shut down the entire world, and a…
How To Position Your Portfolio in Advance of the US Election
Quick quiz: Which U.S. President of the last 70 years presided over the largest overall percentage gain in the stock market? If you answered Bill Clinton, you are correct. Over his eight years in office from 1993-2001 the S&P 500…
Book Review: The Psychology of Money by Morgan Housel
The things that matter most in personal finance are boring. Spend less than you earn. Invest in a diversified portfolio. Choose an investment strategy that you can stick with when markets get rough. Avoid risking what you have to reach…
Are We in Tech Bubble 2.0?
Of the many surprises that 2020 has delivered to date, the one I find the most counter-intuitive and least explicable is the growing performance disparity between value stocks and growth stocks. Through the end of May, the S&P 500 Pure…
Yin and Yang: The Importance of Effective Implementation, along with Planning
The storm that raged through the financial markets in the first quarter of 2020 has eased somewhat, allowing investors a chance to catch their breath and assess the impact. While the possibility of further market distress and upheaval in the…
Why Plans Are Useless, but Planning Is Indispensable
I started my military career in an Army Reserve unit, the Royal Regiment of Canada. It was there that I was first introduced to the “7 Ps”, an adage widely popular across the armed forces of many English-speaking nations: “Proper…
Why Preparation is Important for Navigating Rough Seas
Over the last few weeks, financial news has been awash in stories about the CoViD-19 pandemic’s growing impacts on people, businesses, and entire economies. We’ve witnessed a startling crash in the price of oil, massive swings in global equities and…
Winter 2013 – From the Archive
Looking back to the Winter 2013 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Coping With All the Paper Once again we have emerged from…
Winter 2009 – From the Archive
Looking back to the Winter 2009 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Let’s Hope Next Year is Better The most frequent comment in…
