• Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.

    Warren Buffet

Capital Market Review

Iron Capital’s quarterly review of capital markets performance and updated market forecast.


  • Capital Market Review
  • Second Quarter 2016
  • Iron Capital Advisors

Second Quarter 2016

If one were to look up the law of diminishing returns he would see something boring like an explanation about why incremental productivity gains of adding an employee get smaller with every employee added. Central bankers have not, however, seemed to learn the law of diminishing returns.


  • Capital Market Review
  • First Quarter 2016
  • Iron Capital Advisors

First Quarter 2016

From an investors point of view there is no greater force in the universe than reversion to the mean. The spread must shrink. Growth has been in favor for a long time but it may be getting close to a time where Value will once again be in vogue.


  • Capital Market Review
  • Fourth Quarter 2015
  • Iron Capital Advisors

Fourth Quarter 2015

History will look back at the aftermath of the financial crisis of 2008 as a glaring example of the dangers of reactionary regulation. Don’t get me wrong regulation – rules if you will – is absolutely necessary but like many things in life it needs to be treated with respect.


  • Capital Market Review
  • Third Quarter 2015
  • Iron Capital Advisors

Third Quarter 2015

It is the age old question; is investing an art or a science? Is it about investor psychology or is it about math? This is the question the Fed has answered incorrectly over and over during the last twenty years.


  • Capital Market Review
  • Second Quarter 2015
  • Iron Capital Advisors

Second Quarter 2015

No one ever complains about upside volatility, but they should. What goes up must go down, and what goes up quickly usually comes down even faster.

  • If one were to look up the law of diminishing returns he would see something boring like an explanation about why incremental productivity gains of adding an employee get smaller with every employee added. Central bankers have not, however, seemed to learn the law of diminishing returns.

    ~Second Quarter 2016

  • From an investors point of view there is no greater force in the universe than reversion to the mean. The spread must shrink. Growth has been in favor for a long time but it may be getting close to a time where Value will once again be in vogue.

    ~First Quarter 2016

  • History will look back at the aftermath of the financial crisis of 2008 as a glaring example of the dangers of reactionary regulation. Don’t get me wrong regulation – rules if you will – is absolutely necessary but like many things in life it needs to be treated with respect.

    ~Fourth Quarter 2015

  • It is the age old question; is investing an art or a science? Is it about investor psychology or is it about math? This is the question the Fed has answered incorrectly over and over during the last twenty years.

    ~Third Quarter 2015

  • No one ever complains about upside volatility, but they should. What goes up must go down, and what goes up quickly usually comes down even faster.

    ~Second Quarter 2015