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Welcome to my website! The site is designed to provide easy access to my books, blog, journal articles and white papers. The content on the site is updated at least once a week, as my blog posts come out every Friday. Other site pages will be updated as new articles, white papers and books appear.

Most of my work has an investment focus, at least in the broadest sense. Good investors – those who preserve and grow their capital across the decades and generations – are educated investors. Whatever aspect of the investment process they are working on, they know the difference between best investment practices and whatever everybody else is doing. This site is designed to help you be that informed investor.

Here is a quick snapshot of what’s on the site:

  • My bio. In short, I’ve been advising very substantial investors since 1979. Many of the clients I work with today are the grandchildren of the folks I started with way back when. You can check out Greycourt, the company I founded, here.
  • My blog. A new post appears every Friday. As noted, the blog has an investment focus, but I interpret that very broadly. So far there are nearly 200 posts, i.e., almost four years’ worth of the blog. If you would like to receive the blog via email (it’s free), you can do so here.
  • My books. I’ve published three investment books, a book of poetry, and I’ve edited two other books. More to come!
  • Articles. I’ve published scores of articles over the years, including articles in refereed journals, white papers, and newspaper and magazine articles.

I hope you find the site useful and interesting. Please let me know what you think by contacting me here.

Recent Blog Posts…

  • Cold War II, Part 9

    Cold War II, Part 9

    As global trade retreats and is replaced by regional trading blocs, power will flow to those countries that are most self-reliant. By “self-reliant,” I mean countries that are best able to (a) maintain vigorous economic growth without relying overmuch on exports; (b) feed their populations without  importing vast amounts of … read more »
  • Cold War II, Part 8

    Cold War II, Part 8

    Whatever happens with my proposal that the West launch Cold War II, the next three decades will be far less friendly to the Chinese economy than the past three decades have been. There are three reasons for this. First, there is what we might call “the law of large economies.” … read more »
  • Cold War II, Part 7

    Cold War II, Part 7

    Assuming that we can summon the courage to contain Beijing militarily, the next leg of the containment stool is to restrain China economically. Military containment will prevent China from overrunning other lands and peoples, but only economic containment can bring the Chinese Communist Party to its knees (or its senses). … read more »
  • Cold War II, Part 6

    Cold War II, Part 6

    In the Indo-Pacific region, China wants complete dominance; it wants to force the United States out and become the region’s unchallenged political, economic, and military hegemon. And globally … it wants to be powerful enough to counter Washington when needed. Oriana Skylar Mastro, Foreign Affairs We are talking about how … read more »
  • Cold War II, Part 5

    Cold War II, Part 5

    In April of 2017, as Donald Trump and Xi Jinping were preparing to meet, a group of academics, policy wonks and former diplomats took out a full-page ad in the New York Times. The wonks warned the US against falling into the “Thucydides Trap.” The ad explained the Thucydides Trap … read more »