CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.

Thursday, September 01, 2022

The Stock Market

This is a tough market to trade.  I quit active trading in late 2021, the writing was on the wall.  I own what I own and like the reasons I own what I own.   This difficult market environment will be followed eventually by wild, manic buying like it always has.  Greed and fear haven't changed in humans in the past 10,000 years! 

Smaller companies are often sold by investors even when the underlying fundamentals of the businesses are solid.   If you believe that stocks solve long-term problems and should be bought when they are on sale you might want to wake up.    



No comments: