Home

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…

  • Democracy, Populism and the Tyranny of the Experts, Part 3

    Democracy, Populism and the Tyranny of the Experts, Part 3

    The first thing we do, let’s kill all the lawyers. (Shakespeare, Henry VI, Part II, identifying the first step in building a better society) When I was growing up my family not only never consulted a lawyer, I never laid eyes on one. Lawyers were completely irrelevant to the lives … read more »
  • Democracy, Populism and the Tyranny of the Experts, Part 2

    Democracy, Populism and the Tyranny of the Experts, Part 2

    I launched this series of posts by taking a brief tour of a regrettable society called Acirema, in which a race of experts called Masters, though a tiny minority, lorded it over a sub-race of non-experts called Slaves. We’re back, now, in America and wondering if Acerima society might offer … read more »
  • Democracy, Populism, and the Tyranny of the Experts

    Democracy, Populism, and the Tyranny of the Experts

    Is it better never to put your ideas in writing and thus be thought a vacuous fool, or is it better to launch your own blog and remove all doubt? To launch this series of posts with such a mouthful of a title – Democracy, Populism, and the Tyranny of … read more »
  • Cash Is King

    Cash Is King

    The least trustworthy people are those who claim to have seen it all coming – after it has all come. – Ben McIntyre Since the end of the Financial Crisis eight long years ago a notion has settled across the land that “cash is trash.” This is the bunkmate of … read more »
  • Explaining Donald Trump, Part 6

    Explaining Donald Trump, Part 6

    I have met the enemy, and he is me. (What Trump, channeling Pogo, should be saying to himself every morning) Can Trump turn it around? No one knows, of course, but if my only slightly tongue-in-cheek analysis is correct the best hope for Trump is that his dismal experience to … read more »