Vivian Brownlee was a widow who inherited stock from her husband. He was an astute investor who had the wherewithal to invest in a little company out of Omaha that owned a textile mill. The investment was pretty humdrum, at least on paper. Who wants to own a textile...
"You never know who's swimming naked until the tide goes out..." This is one of my favorite Warren Buffett quotes. What on earth does that have to do with investing, you might ask? Well, you never really know how exposed your investment positions are until they are...
Where Are We Today? A Sense of History As someone who has been in the markets for at least 35 years now, I've realized just how important it is to have a sense of history. Of course, that knowledge is not a prerequisite for participation in the markets or even taking...
Here's a call I always hated to get in the past from clients: "Hey Steve, I've got this annuity and would like to do something with it. Can you help me?" Unfortunately, my answer was usually, "Probably not." You see, annuities and other insurance based products have...
The Nixon penny. A product of the early 1970’s. I'm old enough to remember it. The incredible shrinking pocket book. Inflation was running wild. The cost of everything was going up. Gas, bread, housing, you name it. Are we returning to the 1970’s? It almost seems like...
John Hughes was mystified. He had been in the insurance industry for 30 years, but he had never seen anything quite like this. His prospective client owned nearly 30 separate life insurance products! All with different amounts and various features. The man was...
At CSH Investments, we believe that something as personal as financial planning deserves professional guidance that is just as personalized. Just one aspect of our personalized service approach is our passion for keeping our clients informed. CSH Investments sends...
"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one." --Charles Mackay Extraordinary Popular Delusions and the Madness of Crowds. That's a mouthful. And, actually, it's a...
The right front fender of the little red Pontiac Firebird was hanging down and grazing the curb. Obviously, it had seen better days. If I'd been thinking, I wouldn't have parked it right in front of the bank. Was this guy getting a car loan or about to rob the bank?...
People talk about price ALL the time. "This stock is selling for this..." or "I bought this stock at this and sold it at that." Stock price is just a nominal number, and by itself it tells us nothing. As an investor, you want to know: What are you getting in return...