I Hate Talking Heads!

I hate talking heads that masquerade as economic and financial commentators. This type of behavior, very popular in broadcast news today, rarely adds to my understanding of any topic discussed. I hope I am never thought of that way. If I am, it means I have wasted your time and mine.
 
The comments I make will always be in a context. If a topic is important enough to mention, it is certainly important enough to explain. This means it takes longer to prepare and longer to explain. And it takes longer to absorb and understand. I think it is worth the effort and will be reflected in the performance of your investment portfolio.
 
This does not mean my assessment and analysis will always be correct; it won’t. But it will be complete. I will have a simple and complete rationale and explanation for the investments I recommend and invest in.
 
We don’t invest in a vacuum, so we need to consider where we are in the economic cycle, and the level and condition of the capital markets.
 
My commentary will never be on a schedule. I will not generate comments just to fill a publishing requirement. I will offer comments when I think I have something important to say and useful to you.

Mike Williams, CFA

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