Do we have the capability to eliminate booms and busts in economic activity? The answer in my judgment is no, because there is no tool to change human nature. Too often people are prone to recurring bouts of optimism and pessimism.
July 06, 2026
Dear Friends,
This weekend marked 250 years since our founding fathers sat down and set the foundation for what would prove to be the greatest country the world has ever known — a society built on the belief that every person has the right to live freely and work toward the future they dream of achieving.
What our forefathers set...
June 16, 2026
This month marks an important milestone in Contravisory’s long-term continuity planning as Liam Noonan has joined the firm. Liam brings experience from Fidelity Investments and Commonwealth Financial Group, and he will be focused on supporting client relationships, enhancing our planning capabilities, and helping us continue to evolve how we...
April 15, 2026
Change is underway in the equity markets so far in 2026. In our year-end 2025 letter we alluded to the potential for a significant leadership change. We noted the high valuations and speculative excesses notably within the artificial intelligence space. It was those areas that have narrowly led the market for several years. ...
March 02, 2026
If you haven't heard yet, this year has brought a lot of changes to the tax landscape, and there's a good chance your taxes could be lower. From SALT deduction increases to standard deduction increases, and even new bonus deductions, you won't want to miss the details on what you (or your CPA) should...
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