Strategy Update

Here’s some good advice to start off the New Year: “Before you criticize someone, you should walk a mile in their shoes. Then, when you start criticizing them, you’re a mile away and they’ve gotta run after you in their socks.” Lee Child

“I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.” James Carville

"Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair." ~Sam Ewing

“I’m glad I learned about parallelograms instead of how to do taxes.  It’s really come in handy this parallelogram season.” — Sage Boggs

Here is the Kelly-Gorham Private Wealth Winter 2023 Investment Strategy Update outlining our current thoughts, strategy and positioning of our portfolios.