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 [...]
“A nickel ain’t worth a dime anymore.” Yogi Berra In my newsletter “Bubble Liscious” in January of this year I cautioned that one of the risks on the horizon that was being ignored was the potential of a credit crunch in the European markets; particularly the banks. From “Bubble Liscious”: Is the euro in danger? [...]
Cliff Draughn was cited in a recent Reuters piece, published around the world: “What has been beginning to spook Moody’s and some other people is that Congress may be dumb enough to actually default on the debt,” said Cliff Draughn, chief investment officer of Excelsia Investment Advisors in Savannah, Georgia. “Clearly any instability of a [...]
“Beware the Jabberwock, my son! The jaws that bite, the claws that catch! Beware the Jubjub bird, and shun The frumious Bandersnatch!” From: Through the Looking Glass, and What Alice Found There Congress: I never did particularly care for Alice in Wonderland, watching her go down rabbit holes and discover the characters of the White King and Queen, [...]
Cliff Draughn of Excelsia Investment Advisors was cited in Financial Planning magazine’s cover story this month. View the whole article here. “Some market inefficiencies will always exist, even in areas like large-cap U.S. stocks that appear to be unlikely sources of alpha, simply because investor behavior can be irrational at times. Take the dot-com bubble; [...]
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 [...]
