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  • Iron Capital Perspectives
  • July 23, 2015
  • Chuck Osborne

The Summer Sillies

“Sell in May and go away.” That used to be the motto on Wall Street – just cash in and go on vacation for the summer. Of course that is not the best long-term retirement strategy, and for taxable accounts that could increase the tax bill quite a bit. But there is something strange in…


  • Iron Capital Perspectives
  • July 10, 2015
  • Chuck Osborne

Control

There is nothing more frustrating in our automated world than dealing with a computer system issue. You are working away then all of a sudden, nothing. You reboot because you know that is what the IT people will tell you. Then you get the blue screen of death and call IT. “Have you tried rebooting?” Yes. “Are you sure it is plugged in?” Yes. “Okay I’ll be right there.” He comes, he reboots and it works again. “I swear I did that,” you say. “Sure you did,” he says as he walks away.


  • Iron Capital Perspectives
  • June 30, 2015
  • Chuck Osborne

“Nip It in the Bud!”

“Nip it in the bud!” That is what Grandma would have said. If one wishes to put an end to certain behavior, then she had better make that clear as soon as possible. If one allows small transgressions, then slowly over time the transgressions will grow and grow until all authority to stop any transgression is depleted.


  • Iron Capital Perspectives
  • June 17, 2015
  • Chuck Osborne

Change

The only constant in life is change. Then again, the more things change, the more they stay the same. But wait, sometimes what is old is new again? These cliché’s can be so confusing. If you don’t believe me then consider the NBA championship series between Golden State and Cleveland. It could be called the…


  • Iron Capital Perspectives
  • May 11, 2015
  • Chuck Osborne

Everyone Is an Expert

As markets continue to take three steps forward and two steps back there has not been much to talk about. Of course all the financial television channels are still in operation, as are the web sites, tabloids, newspapers, etc. Today it seems they are really in the noise business, not the news business – I…