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Comments From Connecticut

"Thoughts on how we can be a better society."

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Freedom of Navigation

The Barbary Pirates operated out of North Africa from approximately 1500 to 1800, capturing and enslaving an estimated 1.25 million Europeans. Between just 1609 and 1625 they captured 466 British ships. With the lifeblood of trade under siege, European nations agreed to pay tribute for free passage.

A Stock Picker’s Market

For the past 30 years, the brokerage industry has been telling you that, “You can’t beat the market and you can’t time the market.” Brokers almost universally recommend the buy and hold strategy of 60% S&P 500 index and 40% bonds, or something similar depending on your age.

The Legislature’s Special Session – Affordable Housing on the Docket

The Connecticut State legislature has called a special two-day session this week, with the House meeting on Wednesday and the Senate meeting Thursday.

Risks Lurking Below the Surface – Private Credit

The Private Credit market has grown from $500 billion in 2014 to $2.5 trillion in 2024, a compound growth rate of 17.5% per year.

Scientific Research - Back to the Future

The Trump Administration’s recent moves against universities raises an important question for America – What is the role of government funding in research?

Investing Commentary April 2025

A Time for Caution – Anything Can Happen

The World Turned Upside Down

The Death of the Rules Based International Order

Government Grants, Private Investments and University Endowments

It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. – Mark Twain

The Wisdom of George Washington

To me, this unfinished, 1796, Gilbert Stuart painting of George Washington reflects the unfinished nature of America itself.

Government Has Lost the Presumption of Good Intentions

“It could probably be shown by facts and figures that there is no distinctly native criminal class except Congress.” - Mark Twain