"An investor calculates what a stock is worth, based on the value of its businesses. A speculator gambles that a stock will go up in price because somebody else will pay even more for it."

-Benjamin Graham

“You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.”

-Warren Buffett

I'm an attorney and my wife is a physician specializing in pediatric hematology an oncology. We live off her paycheck and I invest with mine.

I'm investing for my children and their children. Their investment horizon is forever so I'm not really worried about the day-to-day gyration of the market. Strong believers in the Benjamin Graham school of investing.

Even after we took 1/3 of the portfolio's gain recently, my portfolio is still up roughly 21% YTD.

Here are the stocks in my portfolio:

AFL

ALL

ASH

BAC

C

CMCSA

DOW

GE

MFC

MRO

NRG

TK

TSO

USB

WFC

For this recession, I like financials and energy companies. I'm going to keep buying these companies.

Lately, I've been looking at HIG. If anyone has any thoughts on this company feel free t chime in. Thanks