The average S&P 500 PE Ratio is 25.87, 65% greater than its long-term average of 15.68. The Shiller PE ratio, or cyclically adjusted PE ratio, sits at 32.65, 100% above its long-term average of 16.8, and the 14 day Relative Strength Index (RSI) is 72. By these metrics, it’s not a great time to be […]

“The learned ignore the evidence of their senses to preserve the coherence of the ideas of their imagination.” – Adam Smith  

Thanks to Josh Brown I’ve researched cryptocurrencies far more than I would have otherwise. I go through waves of comparing cryptocurrencies to tulip mania, the most speculative asset price bubble of all time, and thinking Cryptocurrencies have the power to topple the large governments. Anyways, I always appreciate Josh’s take on the asset class. Here’s […]

It’s been a year since my last portfolio update. I took a break because I was working for a RIA and didn’t want to do anything FINRA would frown upon. I’ll get back in the habit now that I have resigned. I’ve had a great year in the markets, after returning 12.5% in 2016, I’m […]

“Successful investing is having everyone agree with you — later.”  – Joe Robillard

“The key is to wait. Sometimes the hardest thing to do is to do nothing.” -David Tepper