Our vision of wealth extends far beyond the boundaries of the stock market. Read on to discover our observations, explanations, and experiences in helping individuals, families, and foundations build enduring wealth.
Last Wednesday, Fed Chairman Jerome Powell told the press that the central bank is “strongly committed” to bringing down inflation, and that he believes the Fed can do just that using its monetary policy tools. In other words, the...
Did you catch this article in the LA Times Image magazine (cleverly titled ‘Carpet diem’ in the print version!)? The topic: the unlikely return of a once-despised design element: wall-to-wall carpet. Surprised? Probably not. The e...
The first Earth Day was celebrated in 1970—a time when society was just beginning to focus on the negative impacts of human behavior on the environment. The goal: to inspire all Americans to take action to reduce air and water p...
It’s often said that if you love your job, you’ll never work a day in your life. It’s no wonder, then, that 20 years have passed so quickly! It seems like yesterday that Gideon, Ray, and I first sat down together to explore the id...
When I wrote about inflation in our August 2021 newsletter, I was not overly concerned about the near-term impact on the economy or our portfolios. At the time, the market consensus, which we agreed with, was that “the current hik...
If Gideon Bernstein has one theme in life, it is surely ‘giving.’ A founding partner of Leisure Capital Management and our Chief Investment Officer, he spends many of his days helping our clients grow and protect their wealth. Muc...
Thanksgiving is a traditional time to both give thanks and to give to others. Building on that sentiment, GivingTuesday was created in 2012 to encourage people to do good and give generously on the Tuesday after Thanksgiving. The ...
My family has always been connected to the military. My father served in the Army during the Korean War, and it was during his 19 months of service that he met my mother. After his tour of duty, he remained on base...
“It takes a village to raise a child.” It’s an ancient African proverb that still rings true for families everywhere. Here at Leisure Capital Management, we have always thought of ourselves as a family. In our case, that family co...
Do you remember when the Fed was desperately seeking to boost inflation to a ‘healthy norm’ of 2%? Achieving that goal was Janet Yellen’s mission for years. Thanks to a confluence of factors—including money printing, deficit spend...