April 7, 2014
By Peter Bower
It is difficult to stay in tune with the market’s gyrations on a week-to-week basis. It is fun to speculate about the near term, but the intermediate and long-term is where real profits are made. This is our real focus. We believe that the economy is continuing to improve and may actually accelerate as more and more industries participate.
Our investment decisions are based upon this outlook. Day-to-day speculation and idle chatter will not dissuade us from our outlook; only real information. The information coming in about the economy continues to support our view. So we continue to separate noise from real information and keep our investment aim true. So far so good; the profits are coming and we expect plenty more.