Blog

    Q1 2026 Review: Is it Time to Worry?

    There is a lot to worry about. War in Iran, artificial intelligence, inflation, high stock valuations, and the potential liquidity crisis in “alternative” investments. It’s enough to keep anybody up at night (and if you are up, give us a call, because we are probably up taking care of one of our kids!). Yet the…

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    Q4 2025 Review: Bubble, Cycle, Value

    The world moves in cycles. Some are predictable like the seasons or the tides. When it involves people, cycles are just as inevitable but much less predictable. Whether it’s the business cycle of booms and busts or the investment cycle favoring growth or value, each iteration is different. All cycles include periods of great optimism…

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    Q3 2025 Review: Trust

    At Berkshire Hathaway’s 2024 annual meeting, Warren Buffett was asked if he would change anything about his life. For someone who has long managed Berkshire well beyond financial necessity, his reply struck a chord: “I really enjoy managing money for people who trust me…I just like the feeling of being trusted.” We’ve spoken directly with…

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    The AI Bubble

    “Some development, seemingly new and desirable…captures the financial mind…the price of the object of speculation goes up…this increase and the prospect attract new buyers…the speculation building on itself provides its own momentum…There are those who are persuaded that some new price-enhancing circumstance is in control …a new world of greatly, even infinitely increasing returns…then there…

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    Compass Sponsors 5th Annual Fairfield Paddle Fest

    September 6th, 2025 The Fairfield Rotary Club and Compass Wealth Management present the fifth annual Paddle Fest! Proceeds were awarded to CLASP https://clasphomes.org/. Established in 1982, CLASP operates group homes and provides enrichment opportunities for adults with autism and other developmental or intellectual disabilities throughout Fairfield County, CT.​ This was our best year yet raising…

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    Key Provisions of the One Big Beautiful Bill Act, and the Potential Impact on Your Taxes

    On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law, marking a significant milestone in tax legislation with far-reaching implications. Most notably, the bill solidifies and extends many provisions of the 2017 Tax Cuts and Jobs Act (TCJA), which were set to expire at the end of 2025.…

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    Q2 2025 Review: Honeybee

    On May 3rd Warren Buffett announced he was stepping down as CEO of Berkshire Hathaway. It wasn’t the first time Buffett stepped away. In 1969, he closed his partnership, writing: “Quite frankly, I would continue to operate… …However, I just don’t see anything available that gives any reasonable hope…and I have no desire to grope…

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    Q1 2025 Review: Defying Gravity

    They say that Michael Jordan’s “hang time” was only .9 seconds, but through technique, body control and timing, it looked like he could fly. The Bar-tailed Godwit is a bird whose migration patten spans 8,000 miles nonstop from Alaska to New Zealand, burning half its body weight in the 9-day flight. When a child “accidentally”…

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    Q4 2024 Review: The Other Revolution

    In our last newsletter we wrote about the impending political revolution, but 2024 was defined by a different revolution: Artificial Intelligence. At least that’s what the stock market suggests. The seven largest companies (Apple, Nvidia, Microsoft, Amazon, Meta, Tesla and Google) now represent 33% of the S&P 500. This compares to 22% during the internet…

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    What’s Next?

     “ELECTIONS HAVE CONSEQUENCES”, and this one is certainly more consequential than most. The new administration has promised nothing short of a revolution. Whether or not they can deliver is yet to be seen, but at least we can look at their proposals, and try to determine their likely effect on the economy, financial markets and…

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