• About
  • Investing
    ▲
    • Investment Management
    • Risk Analysis
    • GMO Climate Change Fund
  • Financial Planning
  • Insights
  • Client Login
  • Schedule A Call
  • Skip to primary navigation
  • Skip to main content
  • Skip to footer

Pacific Capital Associates

Financial Advisors in San Diego, CA

  • About
  • Investing
    • Investment Management
    • Risk Analysis
    • GMO Climate Change Fund
  • Financial Planning
  • Insights
  • Client Login
  • Schedule A Call

Investment Insights

January 17, 2019 By PCA

Trends can change fast in financial markets (so don’t get caught up in the recent past)

January 17, 2019 Excerpted from a letter sent to clients on January 16, 2019 Our last letter discussed how US stocks had diverged from international stocks by continuing upwards as the rest of the world drifted downward during the middle part of 2018. US stocks went on to decline …

Continue Reading

October 15, 2018 By PCA

Why put up with the pain of being different?

October 15, 2018 Excerpted from a letter sent to clients on October 15, 2018 As we've emphasized over the years, our global, value-based investment approach demands a multi-year timeframe. We often cite 7-10 years as the appropriate period to think about when planning or assessing …

Continue Reading

April 29, 2018 By PCA

Volatility and the return of inflation risk

April 29, 2018   In our last quarterly update, we focused on the extreme stock market optimism that prevailed at that time in late January. At that point, the market was up almost 7% for the year and, as we discussed, investors were by some measures more bullish on stocks than …

Continue Reading

January 31, 2018 By PCA

What to do when everyone’s optimistic (plus: Bitcoin vs. the Tech Stock Bubble)

January 31, 2018 The world economy has continued to strengthen. Growth in both emerging and advanced countries has been on the rise, with the latter showing a particularly rapid comeback: This is actually the first time since the global financial crisis that all the world's …

Continue Reading

November 2, 2017 By PCA

How to Think About Market Risk

November 2, 2017 Renewed optimism about economies and markets has led to an unusual calm. Global stock markets have gone up in practically a straight line since the post-Brexit vote correction ended in mid-2016, and here in the US, markets are by many measures the calmest they've been in …

Continue Reading

August 8, 2017 By PCA

Valuation Thin Air

August 8, 2017 We discussed why we're leery of US stocks in the last article: they just aren't priced for very good long-term returns, especially when compared to much less expensive markets outside the US. Here's another way of looking at it, from AMP Capital: This chart …

Continue Reading

June 19, 2017 By PCA

Thoughts on the San Diego Housing Market

June 19, 2017 The median price of a San Diego home recently surpassed its all-time peak, as noted by the San Diego Union-Tribune (with a cameo appearance from Rich). We thought this made for a good opportunity to share some thoughts on the local housing market, addressing common questions …

Continue Reading

May 13, 2017 By PCA

Prospects look far better for international than US stocks (but US investors are loaded to the gills with the latter)

May 13, 2017 With so much news and commentary these days focused on politics, some people might not realize that there's been a noticeable strengthening of the global economy.  Below are a couple of charts to support this point. The first shows global manufacturing Purchasing Managers' …

Continue Reading

January 26, 2017 By PCA

A Good Year for Global Value Investors

January 26, 2017 We wanted to quickly highlight some cool research from StarCapital, a German investment firm, showing how well global value investing worked in 2016. What the folks at StarCapital did was to sort 40 countries by their beginning-of-2016 stock market valuation, and then …

Continue Reading

January 18, 2017 By PCA

The futility of “headline investing”

January 18, 2017 Excerpted from a letter sent to clients on January 18, 2017 We've often argued that trying to invest based on economic and political current events what we call "headline investing" — is unlikely to work well. (The reasons are many; a good refresher can be …

Continue Reading

  • « Go to Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to page 4
  • Go to Next Page »

Mailing List Signup



(858) 560-5244



info@pcasd.com



4747 Viewridge Ave
Suite 107
San Diego, CA 92123




Form CRS


Footer

Pacific Capital Associates, Inc. is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Pacific Capital Associates, Inc. and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. No advice may be rendered by Pacific Capital Associates, Inc. unless a client service agreement is in place.

The commentary on this website reflects the personal opinions, viewpoints, and analyses of the Pacific Capital Associates, Inc. employees providing such comments, and should not be regarded as a description of advisory services provided by Pacific Capital Associates, Inc. or performance returns of any Pacific Capital Associates, Inc. investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data, or any recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Pacific Capital Associates, Inc. manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

Pacific Capital Associates, Inc. provides links for your convenience to websites produced by other providers or industry related material. Accessing websites through links directs you away from our website. Pacific Capital Associates, Inc. is not responsible for errors or omissions in the material on third party websites, and does not necessarily approve of or endorse the information provided. Users who gain access to third party websites may be subject to the copyright and other restrictions on use imposed by those providers and assume responsibility and risk from use of those websites.

Free Portfolio Risk Analysis

Copyright © 2023 · Pacific Capital Associates