A Dangerous Mindset
In our mid-year letter to investors, we explained that weird stuff happens when rates fall below zero. The bottom line, while difficult to...
August 30, 2016
The Gold Bug
Early in the 20th century, the British economist John Maynard Keynes changed his position on monetary policy during the Great Depression famously stating,...
August 12, 2015
Bust A Move: Tap Dancing to Work
Success is getting what you want, happiness is wanting what you get. Warren Buffett has said that he won the ovarian lottery the day he...
February 21, 2015
Badges, We Don’t Need No Stinkin’ Badges
Our recently published Annual Letter has received some good feedback from friends, some of whom noted that anything over fifteen pages should be...
February 15, 2014
What’s Happening Rerun
"To say that bonds are under pressure would be an understatement." In a recent Insight titled, What’s Happening to Bonds and Why?, PIMCO's Mohamed El-Erian...
September 18, 2013
Too Much Optimism
Earlier this week, we shared our investment outlook with investors, which is available here. It was also picked up by Seeking Alpha, where we...
March 1, 2013
Still Bullish in 2009
We entered 2009 where we left 2008 . . . still bullish. In fact, in addition to the constructive stance outlined by The...
February 8, 2013
Wait For It
Last week, we provided some perspective on our calls during 2007 - in short, we recommended investors take a cautious approach to stocks. ...
February 4, 2013
Still Bearish in 2007
Yesterday, we asked the question, “Are We Too Bearish?” Today, we’ll explore The Broyhill Letter’s track record in 2007, which admittedly, would not...
January 30, 2013