J. V. Bruni and Company      

  COMMENTARY

We provide our thoughts on issues relevant to investing, economics, finance and other areas of interest to our clients and investors in general.  (This section will be updated on a regular basis.)  To read an article that interests you, please click on its title:

• Berkshire Hathaway 2007 Annual Meeting Top 20 Questions: *NEW* The 2007 edition of our popular commentary.

• Failure to Communicate:  Explains the difference between manager performance and investor performance.

• Do I Feel Lucky?  Some thoughts on hedge fund performance.

• Berkshire Hathaway 2006 Annual Meeting Top 20 Questions: The 2006 edition of our popular commentary.

• The Economic Principles of Life: Essential economics concepts everyone should understand.

• It's All About Hope: John Brock teaches international educators in South Africa.

• Miracle Grow: A Young Adult's Guide to Purchasing Retirement.

• Retirement Nest Eggs: Withdrawal rates and fund sustainability.

• Berkshire Hathaway 2005 Annual Meeting Top 20 Questions: The 2005 edition of our popular commentary.

• Coming to a (Tax) Realization: Knowing When to Hold Your Investments and Knowing When to Fold 'Em.

• Mortgage Madness: The economist at home.

• The Adaptive 5% Solution: The sequence of annual portfolio returns can have effects "hidden" by an annualized average.

• Spilled Milk: An economist's thoughts on a very uneconomic error in reasoning.

• Equity Diversification: Snow White Helps Answer the Question — Can You Really Have Too Much of a Good Thing?

• The Three Musketeers: An Introduction to GARP Investing: Learn more about our investing style.

• Where Do I Start?  A reader's guide to our book review library.

• The Road Not Taken: Investment insight from the economics podium.

• Swimming the Market Channel: Flounder in market volatility or put it to work for you.

• Poetic Pachyderm Pointers: Many investors make decisions based merely on an illusion of knowledge.

• Berkshire Hathaway 2004 Annual Meeting: A summary of Warren Buffett's and Charlie Munger's comments on investing.

• A Tiger in the Tank: Our take on the role that investor sentiment plays in stock prices.

• Mr. Market's Neighborhood: A twist on a Benjamin Graham classic.

• Soft Dollars: An Investment Wolf in Sheep's Clothing: What you don't know about 'soft dollars' could cost you.