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Last month, Berkshire Hathaway held its annual shareholder meeting which included Buffett’s famous letter to shareholders. In his letter, Buffett is quite transparent with his thoughts about Berkshire’s operations and how he views the economy and markets.  Investors are especially interested in his view on the economy and markets. But what he says and what […]

In 2024, we discussed the Corporate Transparency Act and the Beneficial Ownership Information (BOI) reporting rules. To recap, BOIs were originally due on January 1st, 2025, but a federal court in Texas blocked this required reporting. As we mentioned previously, we weren’t sure if that would be the final word and promised to keep you

The simplest and truest reason as to why we diversify is that we don’t know what assets will do very well in the future, and which assets will do poorly. Diversification is the evidence that we cannot accurately and consistently forecast the future. When we invest during a period where one asset vastly outperforms all

Most investors love economic and market forecasts. With the markets so uncertain and volatile, our brain craves some sort of idea of what the future holds. But economies and markets are unpredictable – evidenced by the fact that no one can consistently predict them with accuracy. For example, in October of 2022, Bloomberg gave a

The Corporate Transparency Act (CTA), a landmark regulation designed to combat illicit financial activities by increasing corporate transparency, has hit a significant roadblock. On Tuesday, a federal court in Texas preliminarily blocked the law and its implementing regulations nationwide, citing concerns that the requirements exceed Congress’s commerce authority. This decision comes less than a month

The frequency and efficacy of scammers has increased over the years. A report from the FBI says that losses to cybercrime activities is up nearly 200% since 2020.[1] And with the improvements in artificial intelligence, we can expect scamming will only get more devious and lucrative in the years to come. Education, intelligence, and success

Tis the season of gratitude! Thanksgiving is perhaps one of the most underappreciated holidays, but most needed. Given the contentious and divisive election season we have endured, and the possibility that the winner is not what you wanted, it may be difficult to be thankful. But it’s worth the effort because gratitude results in greater

As part of the Corporate Transparency Act passed in 2021, many businesses, including LLCs and real estate holding entities, are now required to file Beneficial Ownership Information (BOI) with the Financial Crimes Enforcement Network (FinCEN). Who Needs to File? FinCEN estimates that approximately 32 million entities, including the most commonly held businesses, LLCs, which are

Most of us know that we should be monitoring our credit, but life gets busy, and that task often falls to the end of our to-do list. However, with the recent breach involving Social Security numbers being exposed on the dark web, this is something that needs to be prioritized. What Happened According to USA