It was 90 Years Ago Today…

It was 90 Years Ago Today…

Very few among us remember what happened on this day in 1929. It was “Black Tuesday”, and the stock market dropped by 12% that day. The stock market’s slide had begun a few days earlier on October 24, but it accelerated until the “crash” on the 29th. The stock market...

Talking Classic Cars in the Andes

I’m not sure how the topic surfaced, as we six trekkers sat with our guide on rickety aluminum camp stools and enjoyed a candle-lit dinner inside a heavy canvas tent. Somehow, Dave – the 71-year-old guy from Britain – got to talking about cars. We quickly...

How to Win a Nobel Prize, Part II

Are you ready for your second graduate level discussion on investing, and how to build a portfolio? We’ll again promise to keep the jargon to a minimum, and to explain academic terms, if we can’t avoid using them. At Springwater, our approach to building investment...

How to Win a Nobel Prize, Part I

Are you ready for a graduate level discussion on investing, and how to build a portfolio? We promise to keep the jargon to a minimum, and to explain academic terms, if we can’t avoid using them. At Springwater, our approach to building investment portfolios for our...