Monthly Letter July 2018
Monthly Investment Review — July 2018 August 1, 2018 The stock market had a good month in July, as the S&P 500 gained 3.6% while the Nasdaq rose …
Monthly Letters
Quarterly Letter 2Q 2018
Investment Review — Second Quarter 2018 July 2, 2018 In the first half of 2018, the investment environment has been much more difficult and volatile than it was in 2017. The S&P …
Quarterly Letter 1Q 2018
Investment Review — First Quarter 2018 April 3, 2018 The U.S. stock market ended the first quarter of 2018 virtually unchanged from year-end 2017 levels, but with dramatic volatility along the way. For the first three months of 2018, the S&P 500 index declined by -1.2%, while the Nasdaq showed a small gain of 2.3%. …