Tag: ukraine

First Treasure Harbor Letter to Investors

Below is Lauretta ‘Retz’ Reeves’ first letter to investors in the Treasure Harbor Folio, an international dividend portfolio. To receive these letters via email in the future, please sign up here. You can access the full archive of IIM investor letters here. Dear Investors, What a difference a month makes! As investors digested the withdrawal […]

Forbes Cover on Wells Fargo

Tarpon Folio holding Wells Fargo will be on the cover of the upcoming Forbes magazine. Here’s the online version. And here’s a good quote from CEO John Stumpf: “There are only three ways a company can grow. First, earn more business from your current customers. Second, attract customers from your competitors. Or third, buy another […]

The Math of Averaging Down

I tried to explain the concept of “averaging down” at my last annual meeting, but I couldn’t quite get my point across as well as I’d hoped. I was trying to throw too many concepts out there all at once. I’m going to try again here, as I spent a lot of time this summer […]