by Leif Jensen | Jul 31, 2017 | General |
A stock is a type of security that signifies a small percentage of ownership in a corporation and represents a claim on part of the corporation’s assets and earnings. Warren Buffett likes to say that the first rule of investing is “Don’t lose...
by Leif Jensen | Jul 26, 2017 | General |
I was on my way to a client and I heard a story on NPR about the impact of student loan debt and the stats threw me, so I went back to get the details. According to the story there are 44 million Americans that currently have student loan debt. This is over...
by Leif Jensen | Jul 25, 2017 | General |
A client was generous enough to track down a library that still has a copy of Seth Klarman’s “Margin of Safety “available to read in the library. Yes I own many, many books but I am not willing to spend $1,200 on this one, when I can read it for free. Klarman starts...
by Leif Jensen | Jul 24, 2017 | General |
When I am starting to work with new clients, one question I typically ask them is do they have a Board of Directors (BOD) or a Board of Advisors (BOA). Basically someone whose opinion that they trust and respect that they can bounce ideas off of. One client...
by Leif Jensen | Jul 19, 2017 | General |
Is U.S. economic growth threatened by a shortage of qualified workers? I know this sounds like a recruiting line… But small-business owners should be concerned about where and how they are going to meet their personnel needs. As the economy seems...
by Leif Jensen | Jul 18, 2017 | General |
Due to a paid preparer’s series of errors with a client’s tax return, the client was excused from a penalty. A woman who had sold her stock in connection with a corporate redemption and received a check dated Jan. 4, 2012 and a statement with an Aug. 2011...
