Buy bonds or bye bonds?

by Bill Parrott on

When I entered the investment business in the late 80’s the 30 year U.S. Treasury Bond was yielding above 8%.  Investors were reluctant to buy these bonds for fear of locking up their money for 30 years at 8% because they were convinced that interest rates were going higher.   These investors rememb...

Jacob’s (Bond) Ladder.

by Bill Parrott on

Jacob’s Ladder is an American horror movie starring Tim Robbins who plays a postal working trying to work his way back into society after a tour of duty in Vietnam and the death of his son.   Jacob was dealing with both perception and reality.

Another horror story for investors is the thought of ri...

In 2009 I decided to run the Boston Marathon.   Unlike most marathons, the Boston Marathon requires runners to qualify for their esteemed race so the earliest that I could run this marathon would be in April of 2011.   I launched a plan to make this happen and set out on a two year journey to realiz...

Herman Melville’s book Moby Dick is a great read.  It is a book with colorful characters and a ton of suspense.    Captain Ahab is the main character who is in endless pursuit of the white whale that bit off part of his leg.   Captain Ahab wanted revenge on Moby Dick.   When I finished reading Moby...

Let’s Buy Two!

by Bill Parrott on

Mr. Cub, Ernie Banks, was famous for saying, “let’s play two!”   Mr. Banks was the long-time great shortstop for the Chicago Cubs who entered the Hall of Fame in 1977.   As the story goes, Mr. Banks arrived at the ballpark in Chicago with the temperature hovering around 105 degrees and said, “beauti...

We Can’t Win!

by Bill Parrott on

When my daughter was in the first grade I had the honor of coaching her soccer team.   Our team name was the Mustangs.   These little Mustangs consisted of a band of young ladies, most of whom were playing an organized sport for the first time in their lives.  Our league did not keep score as the ma...