Andy's Two Cents

Notes and thoughts from our director.

Andy’s Weekly Market Update – 06/18/26

This week Andy discusses the Efficient Market Hypothesis (EMH), the idea that most publicly available information is already reflected in stock prices.

We also explore why successful investing isn’t about avoiding risk—it’s about managing it.

As Benjamin Graham famously said:

“Successful investing is about managing risk, not avoiding it.”

Finally, we take a look at IPOs and why history shows that roughly 80% struggle after their initial excitement fades.

Whether you’re navigating market headlines, evaluating hot IPOs, or simply trying to become a better long-term investor, this update is packed with timeless investing principles that matter far more than predictions.

New market updates weekly.

Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investing involves risk, including loss of principal. Advisory services offered through BF/Anderson & Co.

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