Inkwell’s primary focus is on achieving satisfactory investment results for its clients. While we are busy with that, though, we want to engage you in the process by telling you our thoughts as we go about our business. We believe that the more you understand our investment philosophy and our way of thinking, the more comfortable you will be with our investment decisions.

Each quarter we write a letter to our clients which contains our reading of the current market climate and our thoughts on how best to navigate it. We also write occasional memos on topics that catch our eye or that we think might be interesting to our clients.

Below is a collection of these publications.

From Railroads to Apple and Amazon

October 1, 2018

Apple is now worth over $1 trillion. We look back at former stock market pioneers and find some commonalities.  

Read More

Feeding at the Trough of the Stock Market

January 1, 2018

Buying at a market trough is a wonderful thing. But those opportunities are so rare that it’s not worth waiting for them.  

Read More

America’s Level of Margin Debt Can Be Scary

November 1, 2017

Margin debt as a percent of GDP is higher than ever.  

Read More

The Sins of Investing (aka A Look Back at Our First Five Years)

January 1, 2017

A look back at the mistakes Inkwell has made in its first five years.  

Read More

It’s Always 1849 in the Stock Market

November 1, 2016

There’s always at least one hot sector of the stock market. You don’t have to follow everyone else into each new investing fad.  

Read More

Que Sera, Sera, Continued

March 1, 2016

The stock market has been little more than flat over the recent past. What returns can investors reasonably expect going forward?  

Read More

Que Sera, Sera

November 1, 2015

The future of the stock market is always hard to predict, but one long-term metric can give us a rough idea of what to expect.  

Read More

The Market is Crazy

September 1, 2015

August 24, 2015 was a wild and crazy day in the stock market. Our suggested response to the madness.  

Read More

How the Mighty Have Fallen

October 1, 2013

What does it take for a company to remain at the top of the Fortune 500 over the decades?  

Read More