September 2019

Dave Canal
September 26, 2019

History Doesn’t Repeat Itself, But It Often Rhymes” –Mark Twain

When examining the current equity market landscape, I can’t help but think back to the late 1990s and recognize the similarities between investor psychology today and back then.  While the contributing macro factors are different, the resulting investor behavior...

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Dave Canal
September 13, 2019

The current unicorn IPO market is reminiscent of the psychology used in the Trojan War.  Today the hidden “soldiers” are venture capitalists, investment bankers and corporate employees.  According to mythology, the “gift” to the Trojans was an 80’ wooden horse that seemingly marked the end of a ten year war.  We are now ten years into a bull...

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Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.

– Bernard Baruch