Looking back on our past blog posts, it is remarkable how patience can play out. Just several months ago, the world was over. Now, we have regained those losses. One could have almost turned off the TV for the entire time, relaxed on a remote island for the summer, and been absolutely fine!

As we come into year end, there are only a few things to be thinking about. Re-balancing and taxes. This is the time to review any tax losses you can recognize against any portfolio re-balancing that you might require.

While thinking those thoughts, we wanted to share with you a terrific video that we keep coming back to by Ray Dalio of Bridgewater & Associates (one of the worlds largest hedge funds). It is 31 minutes of brilliance and does a fantastic job of explaining much of the economy. Take a moment to watch it and gain an MBA in just 30 short minutes!