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What Does Market Volatility Look Like?

It’s often said that investors have shorter memories than a full stock market cycle, so they are perpetually surprised by market booms and corrections. But most investors over the age of, say, 35 today probably remember what is euphemistically referred to as the Great...

How to Win a Nobel Prize, Part II

Are you ready for your second graduate level discussion on investing, and how to build a portfolio? We’ll again promise to keep the jargon to a minimum, and to explain academic terms, if we can’t avoid using them. At Springwater, our approach to building investment...

How to Win a Nobel Prize, Part I

Are you ready for a graduate level discussion on investing, and how to build a portfolio? We promise to keep the jargon to a minimum, and to explain academic terms, if we can’t avoid using them. At Springwater, our approach to building investment portfolios for our...

Why We Invest in Emerging Markets

Since the Great Recession of 2007-09, US stocks have significantly outperformed those of developed international markets as well as those of emerging markets. Looking back on a decade of under-performance, some investors may be questioning why they should invest in...