Well, this year has certainly been crazy! There is no sign of our new tempo easing either. Considering the volatility, political pace of change, future uncertainty, and lack of context in the news, we decided it would be beneficial to discuss our perspective and market outlook. There is nothing in the letter that would be sensitive in nature so feel free to send it to your friends and others who could benefit from hearing our perspective.
In case you have not seen our posts on social media, we have a new member of our team. Paul Baird joined us in October to spearhead our insurance and alternative strategies. From the very beginning, Jake and I wanted to have a diverse team. Jake and I do not always agree on the market which is extremely healthy and productive (albeit sometimes frustrating). It forces us to debate our positions to make sure everything we build is in our client’s best interest. Paul brings a third perspective to our team and can present investment vehicles that we might not have considered. In addition to that perspective, it allows us to focus on the securities market while Paul can focus on the insurance and annuity markets. We look forward to continuing to grow as a firm and adding more specialists to our team.
As always, give us a call if you have any questions or if you would like to schedule a meeting. We are always happy to help in any way we can. April letter to investors.