Semaphore’s 2022 Confidence Survey Results Are In!

“Remember in March/April of 2020 we thought every fund portfolio would crash? The joke is on others not smart enough to be in our biz – not even a global pandemic can kill us.” That was the first comment entered in the 14th Annual Semaphore Confidence Survey. It...

Semaphore’s 2015 Confidence Survey

Semaphore’s Annual Confidence Survey Last year hundreds of you told us you hated Congress, thought the President was a failure and expected to make more cash than ever despite the denizens of Washington DC. Feeling more confident or less confident in the...

Semaphore’s 2023 Confidence Survey Results Are In!

“I told you last year the joke is on others not smart enough to be in our biz – not even a global pandemic or a market crash can kill us.” That was among the first comments entered in the 15th Annual Semaphore Confidence Survey. I don’t know if true, but you get...

Semaphore’s 2024 Confidence Results Revealed

Discover the latest insights from Semaphore’s 2024 Confidence Survey “I’ve got to admit it; it‘s getting better, a little better all the time (can’t get much worse).” With apologies to the Beatles that their music could belie our industry, this lyric...

No Sand Between Our Toes (2015)

How Boulders Turn into Magic Dust We all know the old phrase “time turns rocks into sand”. I can see my 3rd grade elementary school nun describing a boulder atop a mountain, its seemingly solid setting being weakened by wind and rain, acid in the rain creating cracks,...