Last week I purchased stock in a new long-term investment within my client’s Growth allocation that I’m pretty excited about. The company is called OPKO Health (OPK) and is run by Dr Phillip Frost who is often referred to as the Warren Buffett of healthcare. Studying a company’s management team and Board of Directors is…
Update on Quarterly Earnings Season & the Election
We’re in the heart of companies reporting their Q3 earnings and it’s been a bit of a mixed bag. There are a handful of small pockets doing well (cloud related services, electronic payments, cybersecurity, etc.) but overall I would sum it up as stagnant. The consumer is hurting from rising costs like healthcare while incomes…
2 Portfolio Updates
Most of the activity in portfolios lately has been selling covered stock options to boost the yield on our holdings (attn clients: I’ll be discussing this in more detail with examples in this month’s video update). I did make two purchases in the last week that I wanted to bring to your attention though. First,…
Chart(s) of the Week: Demographics, Health Trends & the Economy
Here are some recent charts from Bloomberg on demographics and health trends. Following the demographics of various countries is one of the best ways to get a sense of long-term trends. The first shows the number of children under age 5 vs people age 65 and above. For the first time ever, seniors are about…