2018 Q1 Market Review
As you are well aware, we experienced some "choppy waters" during the first quarter (please be sure to read Sailing with the Tides in the report). Just as rough waters are normal and should be expected on a lengthy sailing trip, the same is true of the capital markets.
In fact, the volatility inherent within the capital markets is indicative of real risk, which is a necessary requirement to earn the returns we all desire. The graphic above from our friends at Behavior Gap is a fitting reminder for us.
We count it a true privilege to help you navigate these waters.
Please let us know if there is anything we can do to serve you.