

Client Update, July 13, 2025: The Rule Book.
“ Microeconomics is what you do, macroeconomics is what you put up with. ” Charlie Munger, former vice chairman of Berkshire Hathaway After the tumult of the past several months, you may have begun reading commentary suggesting that the investing “rule book” of the past 15 years has been discarded and that we now face a fundamentally different economic reality demanding changes to how we invest. But is that true? “I think the rule book has changed,” Brad Klapmeyer, a seni
Glenn D. Surowiec
Jul 13, 2025























