This article runs slightly over three pages long. It’s an interview with Peter Lynch given by Roee Bergman and found on the GLOBES[online] website of Israel’s Business Arena. It is chock-full of the good old common sense investment advice you would expect from the legendary Lynch. The funny thing is, his advice has not changed in the 30+ years he is known for his investment prowess; it hasn’t changed since he wrote those referenced classics which adorn our own bookcase shelves here at Anderson Griggs; this advice didn’t change during the
You can call him an Oracle. You can claim he is your investment hero. I just love how simply he can relate his down to earth common sense to us all. And it is not that he is chronically optimistic. It just so happens that what Warren Buffet has always seen in America, and has come to play out time and time again, is progress with an undying willingness to persevere. This is a great article and I really love the perspective you gain from his last paragraph.
This Washington Post article titled, "A New Financial Foundation" is a good read for all intelligent investors. It is a quick road into the minds of Timothy Geithner and Lawrence Summers. They offer a quick summation of what they believe were the causes to the financial crisis and then briefly offer the five big points that will be the focus of reform towards avoiding further problems in the future. I want to say, although I am not cold and uncaring, the Third Key Problem of consumer protection should not be up to the government. This is our own personal responsibility, eac
This article is a spattering blast of optimism across multiple fronts: bank business is up, American homeowners saving up to $18 billion, banks and lending organization hiring thousands of new employees, and global warming is solved by bored lenders during long refinancing queues. Well, I might have made the last one up, however read the article yourself and if you feel you too can benefit from waiting
You can really learn a lot from this article by Jason Zweig of The Wall Street Journal, titled "The Fight Over Who Will Guard Your Nest Egg". If you currently employ a Broker, Financial Planner, or Financial Advisor, this article applies to you. If you do not know the difference between these different types of financial professionals this article will be extremely beneficial for you. Especially focus on what SEC Chairwoman, Mary Schapiro has to say near the end of the article. And if you would like to learn where Anderson Griggs Portfolio Management stands, give us a call.
This is a great article revolving around one of our biggest yet most simple investment philosophies, that of supply and demand. The government needs to raise cash through the sale of treasuries, however demand right now is not there based on the current rates. This indicates to us that rates will be heading higher. We feel this simple, yet powerful rule is applicable for any investment vehicle, be it treasuries, other bonds or stocks.
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The media literature today is supersaturated with pessimism. It oozes from the pores of the media sphere, coating everyone with its overbearing encumbrance. Give it up to Ken Fisher for being a reliable staple in seeing what others don't see.
The term confirmation bias just sounds neat. If you haven't already heard the term or know what it means, this article is a great introduction. During the never-ending process of developing, monitoring, and maintaining our portfolios here at Anderson Griggs, we frequently remind each other of this global human fault so as to minimize the damage it may pose to our research. The author of this article, Michael Shermer, while speaking of the easily gained acceptance of cult logic, hits the key to overcoming this bias when he speaks of stepping outside to reach a new reference point and d
Anderson Griggs & Company, Inc., doing business as Anderson Griggs Portfolio Management is a registered investment adviser with the US Securities & Exchange Commission. Pursuant to laws and regulations Anderson Griggs also maintains notice filing with several individuals state regulators including North and South Carolina. Anderson Griggs only conducts business in states and locations where it is properly registered or meets state requirements for advisors. This commentary is for information purposes only and is not an offer of investment advice. We will only render advice after we deliver our Form ADV Part II to a client in an authorized jurisdiction and receive a properly executed investment Management Agreement. Any reference to performance is historical in nature and no assumption about future performance should be made based on the past performance of any Anderson Griggs Investment Objective, individual account, or index. The authors of publication are expressing general opinions and commentary. They are not attempting to provide legal, accounting, or specific advice to any individual concerning their personal situation. Anderson Griggs Portfolio Management's office is located at 113 E. Main St., Suite 310, Rock Hill, SC 29730. The local phone number is 803-324-5044 and nationally can be reached via its toll-free number 800-254-0874.