by William Hepburn | Sep 26, 2025 | Miscellaneous
Let Me Vent Before we get lost in the weeds of finance, allow me a small rant that relates to the following insight. The other day I wanted to visit my brother, so I dove into the challenging world of airline ticket shopping. Prices? Outrageously high. I thought my...
by William Hepburn | Aug 29, 2025 | Miscellaneous
Benjamin Graham was one of Warren Buffett’s teachers and Buffett considered Graham’s books Security Analysis (1934) and The Intelligent Investor (1949) to be his investment Bibles. Back in Graham’s day, financial statements were pure chaos— accounting standards were...
by William Hepburn | Jul 25, 2025 | Miscellaneous
We’ve had several Industrial Revolutions in the U.S.—four or five, depending on who you ask. But you don’t kick off a true industrial revolution with just one new product or industry. What you really need is an entire platform—something that creates lots of...
by William Hepburn | Jun 27, 2025 | Miscellaneous
I’ve accomplished a few things in my 4 decades helping clients manage their money. I led a national trade organization for active money managers, managed mutual funds twice, created a market indicator that is used each week by 20,000 portfolio managers, newsletter...
by William Hepburn | May 30, 2025 | Miscellaneous
Artificial intelligence (AI) has been all the rage for a few years now, and stocks focused on this market sector have been red hot. We own a few of these issues in our Future Technologies models, and I wished we owned more – should’a, could’a, would’a and all. But...
by William Hepburn | Apr 25, 2025 | Miscellaneous
The first thing to do while investing in the stock market (whether through mutual funds, ETFs or individual stocks), is to understand the current market environment. Then you must be able to adapt to those market conditions. I believe we are currently seeing a bear...
