A client recently asked us what we thought about indexing (as in buying an index fund or ETF as part of a securities portfolio). Our...

On a December 2023 investor call, Murray Stahl (of investment manager Horizon Kinetics), shared the following information: The Van Eck...

Charts are germane to finance/economics/investing. Put them together in a certain way and you can tell any story you want. Here’s one...

One of the finance nerd cool things about financial markets is they tell you how investors are collectively handicapping the future. What...

As you're setting goals for your business and people for 2024 it will be tempting to "kitchen sink" the exercise, i.e., throw everything...

Go to Morningstar's website and you'll notice the "U.S. Barometer" in the top-middle of the page. The barometer shows nine boxes, with...

And not just gold - other hard assets too. Assets that are difficult to substitute and supply constrained relative to fiat currency. Here...

It's that time of year when we all start to think about next year. As you run budgets and projections for your business, rather than...

It's natural to look to the past as a source of information to make decisions today about what we hope for tomorrow. Humans are pretty...

Financial markets have changed a lot over the last several decades. It used to be that you could buy a stock at say 10-12x earnings, and...

The model used by the Federal Reserve to value the stock market (the Fed Model) takes the consensus expected earnings for a group of...

Many of our clients are upset or at least disappointed about the situation with the U.S. government debt and deficits. For context,...

Often the most difficult problems in life are also the most rewarding to solve. There’s no easy answer because if there was, the problem...

Ever heard of the jelly donut theory of monetary policy? Here it is, as explained by David Einhorn from Greenlight Capital: "The jelly...

The entrepreneurs we love are independent thinkers. Most people can only see what is - what has just happened and what's happening right...

So much of what happens in investing is all about price - the price of a stock, the price of a bond, the price of whatever…if the price...

Now looks like a good time for patience – especially with corporate bonds. Despite the volatility of the last 12-18 months, credit...

When the “Si” bank (Silicon Valley, Signature, Silvergate) failures made headlines about 5 weeks ago, there was a palpable sense of...

One of our principles at Bluestone is that business and investing are two sides of the same coin. As an entrepreneur you are an...

The turning of another page on the Gregorian calendar to mark the earth’s latest trip around the sun provides a natural opportunity to...