Microsoft’s ‘Sydney’ chatbot personifies Musk’s warning; “AI is far more dangerous than nukes” Mickey Kim and Roger Lee / March 3, 2023 The concept of “artificial intelligence” or “AI” was born in 1950 when English mathematician and computer scientist Alan Turning introduced the “Turing Test” to determine [...]
Year after ‘Crypto Bowl,’ dominoes fall as former titans bite the dust Mickey Kim and Roger Lee / February 3, 2023 “How do you think I’m going to get along without you when you’re gone? You took me for everything that I had and kicked me out [...]
Inflation, De-globalization and Leaving 2022 Behind - Podcast Associate Director of Client Service Zach Greiner, CFP is joined by Director of Research Roger Lee, CFA, CPA after an eventful final quarter of 2022 filled with mid-term elections, spending bills, inflation reports, rate hikes and more. Roger and Zach break down how Fed [...]
COVID put “Globalization” in ICU and Putin pulled the plug; now what? Mickey Kim and Roger Lee / January 13, 2023 The following is an excerpt from Kirr, Marbach & Co.’s fourth-quarter client letter, available here. The seeds of the second great age of globalization were sown more [...]
To view the PDF version of our Q4 2022 Client Letter, click here. Dear Clients: We are glad to put 2022 in the rearview mirror. As the headlines have blared, it was the worst year for stocks since the depths of the Global Financial Crisis in 2008 (4th worst for the [...]
Investors court “TARA” following messy divorce from “TINA” Mickey Kim and Roger Lee / November 25, 2022 Kirr, Marbach has been fortunate to have Roger Lee, CFA, CPA as a Senior Research Analyst for the past six years. Roger is an exceptionally bright individual and shares my [...]
“Buy the dip,” but beware of tax pitfalls Mickey Kim / November 4, 2022 Bespoke Investment Group reported as of the end of September, “the Fed’s crusade against inflation resulted in a record destruction of wealth in dollar terms and an extremely large drawdown in percentage terms.” The [...]
Reflecting on the Bear Market and One Way to Take Advantage - Podcast Associate Director of Client Service Zach Greiner, CFP sits down with our Chief Investment Officer Mark Foster, CFA to reflect on where the market stands after most indices finished Q3 in bear market territory and use history to look [...]
Market, economic storms are inevitable--so are bold, unreliable forecasts Mickey Kim / October 7, 2022 The financial markets and economy have been hit by their own metaphorical Hurricane Ian in 2022. Stocks are firmly in “bear market” territory (down more than 20%). Bonds, historically considered “safe” investments, have [...]
Dear Clients: The financial markets and economy have been hit by their own metaphorical Hurricane Ian in 2022. Following a brief respite in July, stocks ended the third quarter firmly in “bear market” territory (down more than 20%). Bonds, historically considered “safe” investments compared with stocks, have also been crushed, as the [...]
