— Dedicated to the highest standard in personalized wealth management. Est. 1985. —

Investment Values

“Over time equities [stocks] are safer than bonds and real estate. One just has to know how to deal with the market fluctuation of equities… It has never troubled me when shares of a company tumble – if I like the company.”

— Fred Marks

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In this Issue:

Our Investment Outlook
Zooming with Charlie
Fred Marks: In Loving Memory
Credits, Disclosures, & Notes

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Issue Number 137, January 2021
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Issue Number 136, October 2020
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Issue Number 135, July 2020
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Issue Number 134, April 2020
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Issue Number 133, January 2020
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Issue Number 132, October 2019
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Issue Number 131, July 2019
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Issue Number 130, April 2019
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Issue Number 129, January 2019
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Issue Number 128, October 2018
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Issue Number 127, July 2018
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Issue Number 126, April 2018
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Issue Number 125, January 2018
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Issue Number 124, October 2017
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Issue Number 123, July 2017
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Issue Number 122, April 2017
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Issue Number 121, January 2017

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— Warren Buffett

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Management, LLC

9595 Wilshire Blvd., PH 1001
Beverly Hills, CA 90212

310-451-8600

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Cheviot Value
Management, LLC