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Unless otherwise identified, all opinions expressed within the research puzzle, research puzzle pix, and research puzzle pieces are those of Tom Brakke. Postings are maintained as is for historical reference, so any views included in a posting are as of the date of that posting, and may have changed subsequent to it.

Under no circumstances are the opinions approved in advance or specifically endorsed by any client of tjb research, tjb advisors, thomas j. brakke, llc, or other related entities.

In situations where firms are discussed which have a business relationship at the time of the posting with Tom Brakke, tjb research, or any sister firm, the existence of such a relationship is mentioned within the blog posting or its footnotes.

The sites do not provide investment advice of any kind. If an investment idea is referenced, it is for purposes of illustration, not as a recommendation to buy or sell that investment. Any holdings in subject investments by Tom Brakke at the time of the posting are disclosed for the reader.