01/06/12
“We have two classes of forecasters. Those who don’t know – and those who don’t know they don’t know.” – John Kenneth Galbraith I have remarked in prior first-quarter newsletters that, somehow, this is about the only time of year when most people reflect on the past, ponder the present, and plan/predict the future. The [...]
11/09/11
“At first you are so sick you are afraid you will die, and then you are so sick you are afraid you won’t die.” – Mark Twain “Oh God, please just get me off this boat and back to the dock. Please God, just get me back to land.” – Cliff Draughn There are certain [...]
11/07/11
Our president, Cliff Draughn was cited in a recent Reuters news article commenting about the Greek debt crisis. From the article: “Right now, the market just reacts to whatever rumor and whim is out there, going back and forth. What is Greece going to do? What is Germany going to do? What is Merkel saying, [...]
08/09/11
Our president, Cliff Draughn was cited today in a Reuters article about the tumultuous last couple days in the market. Read the full article here. Cliff is quoted near the beginning of the article saying: “You had a cataclysmic sell-off in the marketplace,” said Cliff Draughn, president and chief investment officer at Excelsia Investment Advisors [...]
05/08/12
“What’s right about America is that although we have a mess of problems, we have great capacity – intellect and resources – to do something about it.” Henry Ford II (1917-1987) “The perfect beaureaucrat everywhere is the man who manages to make no decisions and escape all responsibility.” – Brooks Atkinson (1894-1984) Download PDF Version [...]
04/19/11
Stocks stumbled in the first week of earnings season. Cliff Draughn, chief investment officer at Excelsia Investment Advisors, says that’s not unusual in the early going, as investors look at companies’ top line growth and margins and compare them to the last few years’ results. Draughn tells MarketWatch Radio’s Larry Kofsky that a round of [...]
04/14/11
BRICS countries are calling for stronger regulation of commodities to combat record food and energy prices, with Cliff Draughn, Excelsia Investment Advisors
12/20/10
Discussing whether Microsoft or Cisco will do better in the next year, with Charlie Smith, Fort Pitt Capital Group, and Cliff Draughn, Excelsia Investment Advisors.
