Lorem ipsum gravida nibh vel velit auctor aliquetenean sollicitudin, lorem quis bibendum auci elit consequat ipsutis sem nibh id elit duis sed.
Monday - Friday 08:00 - 20:00

Saturday and Sunday - CLOSED

+ 0800 2466 7921


34th Avenue

New York, W2 3XE


Market Commentary

Market Commentary – Third Quarter 2021

Market Commentary - Third Quarter 2021

After a fairly tame second quarter when economic growth accelerated and a steady dose of vaccinations helped to ensure that Covid cases diminished, the third quarter proved to be a mixed bag. While corporations continued to post strong earnings growth despite high earnings expectations, the quarter also saw the following: 1) A resurgence in Covid cases due to the Delta variant Read More...

Market Commentary – First Half 2021

Market Commentary - First Half 2021

After a fairly noisy first quarter when the Democratic administration took over in Washington and meme stocks/Nonfungible Tokens (NFT’s) were all the rage, the second quarter was a little tamer by comparison. With a steady dose of vaccinations available in the US, economic growth accelerated, the employment picture improved and most corporations posted strong earnings growth heading into a quarter with low expectations. In contrast, international growth was mixed given the slower pace of vaccine distribution and insufficient vaccine availability in smaller countries.<a...

Market Commentary – First Quarter 2021

2021 First Quarter Summary and Year Ahead Market Outlook

On the surface, the first quarter of 2021 featured many noteworthy firsts: Joseph Biden took over as President, the Democrats held both houses of Congress after nearly 6 years, Coronavirus cases were on a steady decline even as the arrival of vaccines from Pfizer-Biontech, Moderna and Johnson & Johnson finally pointed Read More...

Market Commentary – March 2021

Berkshire Hathaway’s 2020 Shareholder Letter - Drawing Parallels to How We Invest Money at KOA

Over the past couple of weeks, we heard from Warren Buffett, courtesy the annual 2020 Berkshire Hathaway shareholder letter. While there have been different takes on it, including whether Berkshire’s/Buffett’s views are as timely as they were once were given that investment decisions at Berkshire are also made by his lieutenants (Todd Combs/Ted Weschler), we use takeaways from this letter and quotes from past shareholder letters to draw parallels to Read More...

Market Commentary – Year End Market Update

2020’s Markets reminded me a little of Space Mountain…

Over the holiday break, as I was sitting on my couch with nothing to do as I have been most weekends in 2020; I happened to be scrolling through my phone where I stumbled upon one of my favorite pictures of my family – our last visit to Disneyland in October of 2019.  My now 4 year-old Tytan was only 2 and change (He wasn’t going to turn 3 until November) and Read More...

Market Commentary – June 2020

“I’m Hans and he’s Franz and we want to pump…. you up!” - Pumping up with Hans & Franz (SNL)

If you are a Gen Xer like me, you long for the days of SNL that included Dana Carvey, Adam Sandler and of course the never to be duplicated – Chris Farley (RIP).  Being that I was seriously into pumping iron all throughout high school (First person at my prep school to bench press 400 lbs.), Read More...

Market Commentary – May 2020

“It’s not about being afraid; It is about being prepared” - Christopher Cole of Artemis Capital

Every once in a while, I’ll read something that really blows my hair back and makes me think “Holy S^&t”, I have so much still to learn in this business after 17 years.  Christopher Cole’s recently released paper The Hawk and the Serpent is a must read, especially if you’re looking build and protect multi-generational wealth as we are at Koa.  Read More...

Market Commentary – April 2020

“Only when the tide goes out do you discover who’s been swimming naked” – Warren Buffett

The Oracle of Omaha, one of my favorite “Wordsmiths”! In times of financial stress, we do find out who’s swimming naked… whether it be corporations who loaded their balance sheets with debt to purchase back stock at all-time high prices so CEOs could hit earnings targets and receive their bonuses… Read More...