A Thanksgiving Ode to the Turkey (and Investment Philosophy)

Thanksgiving Ode to Turkey (and Investment Philosophy)

Whether you and your loved ones gather for a traditional feast or more exotic fare, it’s hard to think about Thanksgiving without the noble turkey coming to mind. If you’re like us, you see market dynamics in all walks of life, and Thanksgiving Day turkey is no exception. Yes, we are odd birds here at McLean!

As we pause to give thanks and enjoy a break from life’s more serious labors, we thought we’d share some food for thought about this understated creature who Benjamin Franklin lauded as, “though a little vain & silly, a Bird of Courage.”

One of the biggest birds still roaming woodlands and farmlands alike, consider the turkey’s many other admirable traits:

Turkeys are patient. Turkeys are often mistaken as flightless birds. That’s probably because they don’t fly very often. It takes a lot of energy to get that much bird airborne, so they typically only do so when it makes good sense. When they do rise up, it’s a sight to behold, as they can reach speeds of up to 55 mph.

Turkeys are best understood by heeding the evidence. Turkeys aren’t to be trifled with, especially the gobblers, or a hen defending her brood. But the risks can be managed by knowing what to look for. When a turkey’s wattle or snood turns deep red, that’s solid evidence that you’d best watch your step. (The wattle is their extra neck flesh; the snood is that dangly thing hanging off their beak.)

Turkeys are efficient. Once a turkey does end up as part of your holiday festivities, it makes for efficient nutrition. Four ounces of turkey breast offers 30-35 grams of protein with less than a gram of fat, and substantial immune-boosting B vitamins and zinc.

Turkeys offer wide diversification. Which is your favorite: Roasted or deep-fried? Classic herb-stuffed or Cajun turducken? Drumstick or breast? Or maybe you’re one of those outliers who fancy the neck or the gizzard. A turkey offers a diversity of form and flavor to go around … and that’s before we even consider the creative possibilities for the leftovers.

We admit, some of our analogies between Ben Franklin’s Bird of Courage and our disciplined evidence-based investment strategy may be a bit of a stretch. The point is, as you take time to savor time spent with family and friends this Thanksgiving, we hope you’ll think of us with a smile – as we are thinking of you and yours.

Through the years and all year round, we are so grateful for your business.

Warmest Wishes

 


McLean Asset Management Corporation (MAMC) is a SEC registered investment adviser. There are many different interpretations of investment statistics and many different ideas about how to best use them. Past performance is not indicative of future performance. The information provided is for educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy or sell securities. There are no warranties, expressed or implied, as to accuracy, completeness, or results obtained from any information on this presentation. All investments involve risk.
The information throughout this presentation, whether stock quotes, charts, articles, or any other statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Neither our information providers nor we shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in the transmission there of to the user. MAMC only transacts business in states where it is properly registered, or excluded or exempted from registration requirements. It does not provide tax, legal, or accounting advice. The information contained in this presentation does not take into account your particular investment objectives, financial situation, or needs, and you should, in considering this material, discuss your individual circumstances with professionals in those areas before making any decisions.

The content of this publication reflects the views of McLean Asset Management Corporation (MAMC) and sources deemed by MAMC to be reliable. MAMC is a SEC registered investment adviser. There are many different interpretations of investment statistics and many different ideas about how to best use them. Past performance is not indicative of future performance.

The information contained in this presentation does not take into account your particular investment objectives, financial situation, or needs, and you should, in considering this material, discuss your individual circumstances with professionals in those areas before making any decisions.

 

McLean Asset Management Corporation (MAMC) is a SEC registered investment adviser. The content of this publication reflects the views of McLean Asset Management Corporation (MAMC) and sources deemed by MAMC to be reliable. There are many different interpretations of investment statistics and many different ideas about how to best use them. Past performance is not indicative of future performance. The information provided is for educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy or sell securities. There are no warranties, expressed or implied, as to accuracy, completeness, or results obtained from any information on this presentation. Indexes are not available for direct investment. All investments involve risk.

The information throughout this presentation, whether stock quotes, charts, articles, or any other statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Neither our information providers nor we shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in the transmission there of to the user. MAMC only transacts business in states where it is properly registered, or excluded or exempted from registration requirements. It does not provide tax, legal, or accounting advice. The information contained in this presentation does not take into account your particular investment objectives, financial situation, or needs, and you should, in considering this material, discuss your individual circumstances with professionals in those areas before making any decisions.