June 2021 | Portfolio Update

June 2021 | Portfolio Update

Dear Spartan Client, “The enemy of a good plan is the dream of a perfect plan.”-Carl von Clausewitz, Prussian General and Military Strategist Market environments like the one we’re currently experiencing have a tendency to push people’s emotional buttons, with...
June 2021 | Portfolio Update

May 2021 | Portfolio Update

Dear Spartan Client, “A military genius is the man who can do the average thing when everyone else around him is losing his mind.” –Napoleon What an amazing time to be an investor. A roaring stock market at all-time highs, historically low interest rates,...
June 2021 | Portfolio Update

April 2021 | Portfolio Update

Dear Spartan Client, “Success is a lousy teacher. It seduces smart people into thinking that they can’t lose.” –Bill Gates As we begin transitioning to a post-COVID world, optimism and confidence about the future run high. This is indeed a great thing for...
March 2021 | Portfolio Update

March 2021 | Portfolio Update

Dear Spartan Client, “There is only one thing worse than being talked about, and that is not being talked about.” –Oscar Wilde Few would argue against the fact that we live at a time in history where noise, both its volume and saturation, is widespread....
February 2021 | Portfolio Update

February 2021 | Portfolio Update

Dear Spartan Client, “Based on my own personal experience – both as an investor in recent years and an expert witness in years past – rarely do more than three or four variables really count. Everything else is noise.” – Marty Whitman   The quote above is...