American Investment Services, Inc.

Disciplined, Diversified, & Cost Effective

2002

Sept. 2002 – News of War

While politicians and pundits ponder the merits of war, investors too must consider its consequences. Dire warnings, from higher oil prices to the costs of protracted U.S. involvement, are everywhere. At bottom, however, the pertinent question is whether the probability of war and its impact are discounted in the markets. Our investment approach is predicated […]

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May 2002 – Spend from Capital

The story is told of a female member of a proper Bostonian family who was picked up by the police for streetwalking. At the urgent family conference that followed, the head of the family asked: “Emily, how could you do such a thing?”“I needed the money,” she calmly replied.“But your father took care of you

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