The Impact of Downgraded US Credit Recently, rating service Fitch downgraded the creditworthiness of the US by one notch, from AAA to AA+. Depending upon
Becoming A Critical Thinker As the Texas Lutheran University semester finished, I asked Diego about his plans after graduation. He said his whole life has
Holding Costs & Rates of Return In May 2023, Jacqui Safra, made history when he auctioned the oldest complete Hebrew bible through Sotheby’s. The Codex
Avoiding Economic Paralysis For the last eighteen months, experts have told us a recession was imminent. The media conjured up visions of volcanoes, earthquakes and
How To Stop A Spoofing Fraud As the phone rang, the caller ID said, “CenterPoint Energy.” The caller said, “This is Adam Clayton with CenterPoint
The Ultimate Partner The week of Mother’s Day we lost my mom. She existed to make everyone else better. At 5 foot tall, my mom
The Wisdom of Warren Buffett In anticipation of the Berkshire Hathaway meeting in Omaha on May 6, I re-read Warren Buffett’s most recent letter to
Uncommon Success The average family business lasts 24 years. About 13% make the third generation while 3% survive a fourth generation. What are the odds
How Safe are Brokerage Assets This spring has brought more than just crazy weather. With two of the three largest bank failures in U.S. history
The Consequences Of Bad Tax Policy To assess motivations, follow the money. This is true of paychecks, incentive compensation plans and corruption. A version of
The Misplaced Buyback Tax On December 27, 2022, the Inflation Reduction Act unleashed a new tax on society. This provision assesses a 1% surcharge on
Thirty Years Of Financial Lessons This month marks my 30th anniversary in the financial services industry. Time flies. The industry remains immensely challenging, ever-changing and