Microblog from Tocqueville
Reflections on the Past as Prologue

Reflections on the Past as Prologue

At the beginning of a New Year there is a tendency, particularly among Wall Street prognosticators, to review the recent past and extrapolate its trends into the near future. At this time twelve months ago  many were projecting a continuation of slow but steady growth...
Be a Bear-Market Buyer

Be a Bear-Market Buyer

The stock market’s wild swings so far in 2020 have been enough to unnerve many experienced investors.  And while it’s extremely important to be mindful of near-term liquidity needs, we believe it’s essential to be a buyer in a bear market in order to build long-term,...