There are many similarities between training for a marathon and creating a legacy of financial freedom—both take desire, time, effort, and discipline. Our "Muhlenkamp Marathon Financial Training Workbook" contains 26.2 “miles” of financial information to use as a reference guide to keep you on course, including best practices based on current tax rules and regulations, as well as words of wisdom based on experience, observation, and statistics.
In this country, a quarter of our natural gas production is used by industry, a quarter is used to generate electricity, and half is used for home heating. As investors, we learned a long time ago that if a product or service makes sense to the consumer it probably will last a long time. More >
The financial headlines tell us the stock market is hitting new highs, but they don’t tell us much about what is going on beneath the surface. Ron and Jeff Muhlenkamp talk about some of the cross currents in the global markets and economies because we think future returns will depend on what you own, when you bought it, and what you paid to get it—owning an index, industry or sector will be less useful. To us, that’s the very definition of A Stock Picker’s Market. More >
Advances in biomedical science continue to transform the way medicine is being practiced. Since the 1950s, we have experienced a steady stream of breakthrough innovations, ranging from vaccines for the masses to precision medicines based on one’s unique genetic makeup. In a 50-year span, we’ve gone from characterizing the double-helix structure of DNA to a complete mapping of the human genome. More >