Ann Arbor MI Asset Management Firm
The Stockboy is a quarterly investment advice newsletter written by Brian H. Weisman, CFA®, CPA, CFP®, CMA, and president of Columbia Asset Management. Brian began the Stockboy in 1990 and its readers include Columbia Asset Management clients, well-respected financial advisors across the United States, and those interested in simple and straight forward financial advice. To subscribe to the newsletter and receive the entire print copy, please contact Brian at brian@columbiaasset.com.
2023: An Unexpected and Nice Surprise
Farewell Frothy 2023 2023 was an unusual year in the markets, even while recognizing that most years are at least somewhat unusual. After a tough 2022, stocks subtly, then notably, bounced back in...
Does Buffett Herd Goats?
Wall Street is Looking Behind Again At the end of 2022, after a tough year in both the stock and bond markets, many Wall Street observers claimed the ‘sixty-forty portfolio’ (60% stocks and 40% bonds)...
All Isn’t What It Appears to Be!
A Very, Very Narrow Market 2023 to date has been the year of massive growth stocks such as Apple, Alphabet (Google), Amazon, Microsoft, Nvidia and Netflix. It shows in the various index performances:...
Who Turned On/Off the Lights?!
A Light Switch Change As we moved into 2023, it was like a light switch was flipped: what struggled last year suddenly rocketed upward. Netflix was up 20%, AirBNB up 30% and Tesla up 60%…in...
2022 vs 2023: Where We Are vs. Where We Are Going
Bye Bye 2022 Though most ‘experts’ predicted a good year for the markets, 2022 turned out to be one of the worst overall (including stocks and bonds) in 50 years. Are experts clueless? No, but it...
Maybe A Different Perspective Is Useful
Who Are We Hearing From? 2022 has been the worst overall investment environment (including stocks, bonds, metals, etc.) in over 50 years. Investors have found very few places to hide. These are the...
Bear Market 2022
The Rough Start Continues The 2nd quarter of 2022 brought more and greater pain for investors as we hit the definition of a bear market – the stock market (S&P 500) being down 20% from its recent...
We’re Not In 2021 Anymore
Off to a Rough Start After strong stock market returns in 2020 and 2021, it’s not terribly surprising to see the market struggling this year. That said, the reasons for the struggle are at...
2021 Was Surprising, What about 2022
Why the Market is Unpredictable Going into 2021, there were lots of clouds on the investment horizon: Covid was raging and the vaccine was only just rolling out, many people were still out of work and...
Big Is Getting Bigger and Is that a Storm or Just Some Clouds?!
Storm Clouds or Will It Pass Over? For quite a while, the stock market seemed to know only one direction since the dark days of March, 2020. Then September came along and the market promptly...
Is the Market Predictable? – Not Really, but Human Behavior Is
Human Behavior: Panic The Colonial Pipeline’s hack in May seemed to create gas shortages all along the eastern seaboard. It turns out, there was never a shortage. Instead, simply the possibility of...
GameStop?
GameStop! .or Stop the Game? This winter GameStop went from a long-fading, electronic games retailer to the talk of the financial world as it routinely rose or fell 50% or more on a single day. The...