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

The Power of Compounding In a recent class, my students at Texas Lutheran University were reviewing their investment portfolio. Since inception nearly fifteen years ago,