Don’t Cheat the Person in the Glass

Recently, I noticed a Tweet from someone asking for good advice for a 17 year-old. It made me think of a poem that I first heard when I was about 17. The CEO of a large company was speaking to a group that I was associated with and ended with the poem. I nudged my … More Don’t Cheat the Person in the Glass

Keep A Steady Hand on the Tiller

The market just dropped, again. Related to this, I thought it would be good to re-post this piece (a longer version was published in 2015).  Previously, I penned these lines: “If you followed the market today, you will have seen and heard quite a few market headlines that might raise concerns. The following are some … More Keep A Steady Hand on the Tiller

The Normal

Stocks Are Risky – This is Not the New Normal, It is The Normal Today, the Dow Jones Industrial Average (DJIA) dropped more than 800 points, which was a little more than 3%. It didn’t make any investor that I know feel good, but was this “The Normal?” Yes, this is a reference to “The … More The Normal

Who Is Passive?

Based on My True Stories, I’ll Let You Decide While surfing Twitter recently, I noticed another long debate about the difference between passive and active investment management. When the debate turned to the meaning and use of the words “active” and “passive, I chimed in by sharing a brief tale of time I spent at … More Who Is Passive?

Are We Spending Too Much Time Selling Alpha?

I wrote this in 2014, and my feelings on this subject have grown even stronger over time. I’m keeping this very short in the hope that all will click the link below and then provide comments. Are We Spending Too Much Time Selling Alpha?

Still Gently Weeping

Just a simple note to pay tribute to an artist who created wonderful music and inspired passion in many. I will always remember going to see the movie “Purple Rain” and driving home from school blasting “Little Red Corvette“. Thanks Prince.  The memories that you created will stay with me forever. The magic starts below … More Still Gently Weeping