Can this company be fixed? That is the question we must wrestle with (nearly) every time we buy a new stock.

Just in time for beach season, the sun came out this quarter once the tariff clouds parted, restoring investors’ faith that we can all have fun, fun, fun (at least ‘till Daddy takes our reserve currency status away).

Watch the highlights from the 2025 Marshfield Investor Conference.

One way to survive chaotic markets? Invest in companies that thrive on it.