Investment Strategy

Linda Greenlaw, warning Billy over the radio: “Billy? Get outta there! Come about! Let it- let it carry you out of there! What the hell are you doing? Billy! For Christ sake! You’re steaming into a bomb! Turn around for Christ sake! Billy, can ya hear me? You’re headed right for the middle of the […]

My friend and mentor Ray DeVoe use to say that going over old reports can be an exercise in humility, as you cringe while reading some errant forecast of another time. “How could I have been so stupid?” is the unsaid reaction. On the other hand it can be an ego trip, as you proudly […]

If you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don’t deal in lies, Or being […]

Ch-ch-ch-ch-changes (Turn and face the strange) Ch-ch-changes Don’t want to be a richer man Ch-ch-ch-ch-changes (Turn and face the strange) Ch-ch-changes Just gonna have to be a different man Time may change me But I can’t trace time . . . David Bowie, Hunky Dorey Album 1971 (Changes) John Maynard Keynes, the British economist whose ideas fundamentally […]