The Flinchum File
Thoughtful Economic Analysis and Existential Opinions

Here Comes Santa Claus…???

12/25/2009

Today, on Christmas Eve, the market set a new high for the year. That is always good news, even if it is still down 25% from its high two years ago. Often called a “Santa Claus Rally” (SCR), the market is usually good this time of year and extends through the first two trading days … Continue reading Here Comes Santa Claus…???

Golden Vices???

12/16/2009

For many years, I managed the portfolio for a wonderful gentleman in Williamsburg, who died a few years ago at the age 99. He was a great guy, and I miss him. Coincidently, his son-in-law was Morgan Stanley’s legendary investment strategist, Barton Biggs, whom I have followed closely over the years and have read both … Continue reading Golden Vices???

Farewell to Arms…………

12/15/2009

Long-time readers know that I have proudly served for many years on the certification committee of a prestigious national investment association. For a number of reasons, we recently began making the examination process more difficult, which was fine. But, we became increasingly technical, finding a formula for every question. I recall Warren Buffett saying “Don’t … Continue reading Farewell to Arms…………

We are a fee-only advisor providing best interest fiduciary services to clients
in Chesapeake, Newport News, Norfolk, Suffolk, Virginia Beach, Williamsburg, and the surrounding areas of Hampton Roads.

CONTACT BAY CAPITAL ADVISORSWe Will Respond Promptly

Contact Us Bottom