Articles by Brian Kozel

Thinking Fast, and Slow

By |2023-02-16T15:16:43-08:00April 22nd, 2019|

Q1 2019 Market Commentary
FOMO is the new version of greed, and it has developed amazing velocity in our hyper-connected world of hyper-productivity. Our latest market commentary explores how instinctive thinking is affecting our financial markets.

Now is the winter of our discontent

By |2023-02-16T14:58:47-08:00January 4th, 2019|

Q4 2018 Market Commentary
Winter is often used in literature as a metaphor for difficult times and right now feels like just one of those times. The recent declines in stock prices are unsettling and lead to worry about the future.

Remember Risk?

By |2023-02-16T14:57:11-08:00October 22nd, 2018|

Q3 2018 Market Commentary
We all know that risks exist, but our feeling about a particular risk is driven by our recent experience. Many investors have fallen into a false sense of diminished investment risk because of prolonged calm in the markets.

(Ir)rational Exuberance

By |2023-02-16T15:25:35-08:00January 15th, 2018|

Q4 2017 Market Commentary
Annually in January market predictions for the future abound. Reading the news in January is thus an exercise in incredulity – about the certainty the prognosticators declare about an inherently uncertain future.