Where did inflation come from? It came from policymakers simultaneously stimulating demand through government handouts, while also attacking supply. Inflation will not go away until this is reversed. There is more than one right way, but that doesn’t mean there is no wrong way. The current path is wrong, and the faster that is realized by people of all political perspectives, the better off we will be.
Seize the Day. This may be a strange thing for someone in my profession to say, but life is the thing you miss out on while you sit home making plans. I know: Iron Capital, like most of our competitors, does comprehensive financial planning. Our longtime readers will know that I also despise that term. I…
When it comes to investing there are lots of psychological traps into which investors fall. These traps cannot be avoided, but we can be aware of them. Knowing that we are human and subject to the human psychological traps can help us remain humble and self-aware. We can’t avoid the traps, but we can recognize when we are in one and think our way out of it.
The truth is that sloth had far more to do with the financial crisis than greed. Analysts got lazy. They stopped doing their jobs and were asleep at the switch.
Iron Capital is a living, breathing firm, and it must grow so that its employees can grow. People need raises, healthcare costs rise – everything is always going up, so we as a firm must grow as well. How do we do so if we don’t have salespeople? I have always believed that if we take care of our clients, then they will take care of us. So we focus entirely on taking care of our clients.
