Research

Research

Impeccably Timed

It was late fall of 2019 when plans were set in motion to professionally manage money. I'd already had over 12 years of experience in markets and had been through a financial crisis in 2008-2009, and a double dip recession fear or two, and a late 2018 taper tantrum....

Unique Risks & Unique Opportunities

As another earnings season prepares to draw to a close, we at JSPM LLC wanted to put together a post outlining some of the unique risk/reward opportunities we have our eye on as we move into spring. As you are all well aware, the markets have gotten off to a rocky...

JSPM Weekend Research

The first three-day weekend of 2022 is upon us, with both the equities and bond markets closed on Monday for Martin Luther King Jr. Day. In past years over these long weekends, I have put out research notes that I hope serve to lay out a roadmap for where markets may...
Here’s A Free Lesson

Here’s A Free Lesson

One hundred and twenty five years ago today, the Dow Jones Industrial Average made its debut. It has risen an average of 7.69% each year and notched 1,464 record closes, according to Dow Jones Market Data. It climbed above 100 in 1906, topped 1000 in 1972 and crossed...

Where To Look For The Next “Multibagger”

So often lost in the day to day or week to week noise of endless stock market gyrations, is the realization that you may already be in posession of a "multibagger." In "One Up On Wall Street" the famous investor Peter Lynch coined the term to mean any stock that goes...

If You Can’t Stomach It

"If you cant stomach 50% declines in your investment, you'll get the mediocre returns that you deserve." - Charlie Munger, Vice Chairman, Berkshire Hathaway Investing is simple, but it's anything but easy. I look for companies in their infant stages that possess the...

The Destruction of Growth Stocks Hits A Crescendo

"Its just money; its made up. Pieces of paper with pictures on it so we don't have to kill each other just to get something to eat. It's not wrong. And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974,...

Introducing: JSPM Tactical ETF Portfolio

Over the past twenty years, the investment landscape has seen the mass adoption of exchange traded funds. ETFs offer investors a simple way to achieve exposure to underlying indexes both in and outside of the U.S. as well as diversification across multiple subsectors...

If Not You, Then Who?

If Not You, Then Who?

Markets are the ultimate conditioning mechanism. By this I mean, that once you think you have it all figured out, you are quickly reminded that almost by law, Mr. Market can, and will tell you to fu*k off. I should know, it's been telling me to do that a lot this...

Research

Research

Impeccably Timed

It was late fall of 2019 when plans were set in motion to professionally manage money. I'd already had over 12 years of experience in markets and had been through a financial crisis in 2008-2009, and a double dip recession fear or two, and a late 2018 taper tantrum....

Unique Risks & Unique Opportunities

As another earnings season prepares to draw to a close, we at JSPM LLC wanted to put together a post outlining some of the unique risk/reward opportunities we have our eye on as we move into spring. As you are all well aware, the markets have gotten off to a rocky...

JSPM Weekend Research

The first three-day weekend of 2022 is upon us, with both the equities and bond markets closed on Monday for Martin Luther King Jr. Day. In past years over these long weekends, I have put out research notes that I hope serve to lay out a roadmap for where markets may...
Here’s A Free Lesson

Here’s A Free Lesson

One hundred and twenty five years ago today, the Dow Jones Industrial Average made its debut. It has risen an average of 7.69% each year and notched 1,464 record closes, according to Dow Jones Market Data. It climbed above 100 in 1906, topped 1000 in 1972 and crossed...

Where To Look For The Next “Multibagger”

So often lost in the day to day or week to week noise of endless stock market gyrations, is the realization that you may already be in posession of a "multibagger." In "One Up On Wall Street" the famous investor Peter Lynch coined the term to mean any stock that goes...

If You Can’t Stomach It

"If you cant stomach 50% declines in your investment, you'll get the mediocre returns that you deserve." - Charlie Munger, Vice Chairman, Berkshire Hathaway Investing is simple, but it's anything but easy. I look for companies in their infant stages that possess the...

The Destruction of Growth Stocks Hits A Crescendo

"Its just money; its made up. Pieces of paper with pictures on it so we don't have to kill each other just to get something to eat. It's not wrong. And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974,...

Introducing: JSPM Tactical ETF Portfolio

Over the past twenty years, the investment landscape has seen the mass adoption of exchange traded funds. ETFs offer investors a simple way to achieve exposure to underlying indexes both in and outside of the U.S. as well as diversification across multiple subsectors...

If Not You, Then Who?

If Not You, Then Who?

Markets are the ultimate conditioning mechanism. By this I mean, that once you think you have it all figured out, you are quickly reminded that almost by law, Mr. Market can, and will tell you to fu*k off. I should know, it's been telling me to do that a lot this...