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Insights


Rational Optimism

First Quarter 2011|Jim Williams| Over the last several years, I’ve come to realize and recognize that I’m essentially an optimist. Whether this is by my essential nature or by the force of the professional position I’ve chosen; that of counseling others on investment matters and financial planning, I’m not sure. But I tend to think it is the former.

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Sharks Circling

Third Quarter 2010|Jim Williams| The markets we’ve been through over the last three years have left investors uncertain and a bit shell shocked. Our intuition tells us that something has changed since we have just been through something big and ugly.

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New Normal?

Third Quarter 2009|Jim Williams| This last year has been a searing experience for investors (and investment advisors). The scary panic- driven declines from September into early March brought talk of a return to a Great Depression-like economy. Fear was palpable, and financial markets responded to the nightmare scenario by driving stocks to the lowest level in years.

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The Road to Serfdom

Second Quarter 2009|Jim Williams| In his book, The Road to Serfdom, the classical economist F. A.Hayek describes clearly and succinctly the hazards and peril associated with pervasive intrusion of the state into private commercial transactions and personal decisions. It’s not pretty.

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Pretense of Knowledge

First Quarter 2009|Jim Williams| A recent email exchange led me to consider and comment on an abiding and exasperating sense of concern over what appears to be ill considered and undisciplined government intervention in the economy.

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