March 2026 | Portfolio Update

March 2026 | Portfolio Update

Before the Tide Goes Out: Managing Hidden Risk “The investor’s chief problem — and even his worst enemy — is likely to be himself.” – Benjamin Graham Price tends to drive sentiment. When an asset rises quickly, we usually see a familiar pattern: Enthusiasm mounts Our...
March 2026 | Portfolio Update

February 2026 | Portfolio Update

What a Streak?! “The map is not the territory.” – Alfred Korzybski Markets tend to test discipline in different ways over time. Periods of rapid change make investors crave adaptability, while periods of persistence make them want patience. Neither suggests something...
March 2026 | Portfolio Update

January 2026 | Portfolio Update

2025 Wrapped From Spartan Planning Group “I think it is much more interesting to live not knowing than to have answers which might be wrong.” – Richard Feynman When uncertainty rises, investors often default to recent experience or familiar narratives, even when those...
March 2026 | Portfolio Update

December 2025 | Portfolio Update

When Sentiment is Screaming, Discipline is a Differentiator “The ability to simplify means to eliminate the unnecessary so that the necessary may speak.” – Hans Hofmann The past few years have shown how quickly market regimes can shift — from a long stretch of falling...
March 2026 | Portfolio Update

November 2025 | Portfolio Update

Don’t Get Your Popcorn, There’s Little Drama in this Data  “Enthusiasm is common. Endurance is rare.” – Angela Duckworth Markets have stayed calm as we enter the final stretch of the year. Stocks are steady, volatility is low, and bonds have regained momentum — a...
March 2026 | Portfolio Update

October 2025 | Portfolio Update

Steady. But Ready. “We suffer more often in imagination than in reality.” – Seneca September has historically been a market weak spot, yet it has defied expectations. Instead of stumbling, stocks are pushing to new highs, volatility remains muted, and the seasonal...