W. Allen WallaceMar 97 minMarket CommentaryCommentary: Are We There Yet?Market swings may feel like adequate reason to scrap everything and start over. We are monitoring your goals first and foremost and...
W. Allen WallaceFeb 1111 minMarket CommentaryCommentary: Portfolio ConstructionA look under the hood at our philosophy for portfolio construction, and an analysis of recent asset exposure decisions. “A good portfolio...
Basepoint WealthJan 124 minMarket CommentaryDecember Market Commentary: In at the finishDecember Recap and January Outlook After October’s employment number (released in November) far exceeded expectations, there was some...
W. Allen WallaceOct 12, 202111 minMarket CommentaryCommentary: The Siren's SongThere is nothing more maddening than watching things climb in price that we do not own. Investing is most dangerous when it looks easiest.
W. Allen WallaceSep 23, 202118 minMarket CommentaryCommentary: TimeHow does the measurement of time impact your progress toward success? We are told that average annual returns matter, but why?
W. Allen WallaceMay 4, 202114 minMarket CommentaryCommentary: Know what you holdThe idea of "knowing what you own" seems like it ought to be a basic threshold for an investor to know about their portfolio.
W. Allen WallaceApr 1, 202117 minPrinciplesPrinciple 7: Carefully consider costsOur mission is to simplify things and make sure that whatever cost you incur provides some sort of return either financially, or mentally.
W. Allen WallaceJan 28, 202114 minMarket CommentaryCommentary: Manias, Panics and CrashesFear of missing out is the most dangerous emotion in investing. But if history is any guide, and usually it is, this time isn't different.
W. Allen WallaceOct 22, 202016 minMarket CommentaryCommentary: What's Wrong with Average?Our goal is to make decisions that are calculated and mathematical when it is useful, and to interject common sense when math won't do.
W. Allen WallaceJun 8, 202016 minMarket CommentaryCommentary: What is Money?Expecting securities representing claims on future income to act as stores of value in a system characterized by fluctuating interest ...
W. Allen WallaceApr 6, 202010 minMarket CommentaryCommentary: When the Markets Give Us LemonsWhile our fellow investors lament the state of the market, we will focus our time on maximizing wealth in the face of a market decline.
Basepoint WealthMar 16, 20201 minWebinarsWebinar: March 16, 2020 Market VolatilityReviewing our philosophy on investment management and the various techniques and strategies that our advisors are implementing.
W. Allen WallaceMar 9, 20207 minMarket CommentaryCommentary | Cutting Through the NoiseWhen red flashes on the screen, our perspective is that every decision we make must be based on facts and experience, not urgency.
W. Allen WallaceFeb 27, 20204 minMarket CommentaryCommentary | Our Strategy During VolatilityMarket fluctuations are uncomfortable. With this in mind, it may be instructive to review a few key components of our investment principles.
W. Allen WallaceApr 5, 20198 minPrinciplesPrinciple 6: Appropriate use of diversificationDiscussing diversification in the long shadow of a moderating term like “carefully” may seem anathema to certain investment fanatics.
W. Allen WallaceDec 14, 20187 minPrinciplesPrinciple 5: Think long-termBy designing repeatable processes, controlling our emotions, and putting the wind of time to the back of our sails, we maximize potential.
W. Allen WallaceMay 3, 20185 minPrinciplesPrinciple 4: Carefully manage liquidityAdequate liquidity is both an investment function and a financial planning function and is a key differentiator in how Basepoint works.
W. Allen WallaceMar 23, 20186 minPrinciplesPrinciple 3: Define risk as the permanent loss of capitalRisk: a four-letter word that many people avoid discussing in polite company.
W. Allen WallaceJan 12, 20184 minPrinciplesPrinciple 2: Invest with a margin of safetyWe always attempt to purchase securities with a margin of safety, and we utilize fund managers who do the same.
W. Allen WallaceOct 6, 20175 minPrinciplesPrinciple 1: Contrast Investment Versus SpeculationIn our estimation, avoiding mistakes is much more important to success than outguessing the competition regarding short-term price changes.