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…

  • On Children’s Literature

    On Children’s Literature

    Why do we give children the illusion of a world that doesn’t exist and which all their lives they will compare with a harsh reality? Georges Simenon A few weeks ago I published my 300th post since I launched the blog back in 2013. In recognition of this dubious anniversary I’m … read more »
  • Why We Don’t Take Our Meds (Again), Part 8

    Why We Don’t Take Our Meds (Again), Part 8

    If you torture data long enough, it will confess anything. Nobel Laureate Ronald Coase [Medical] science is really hard to turn around. People get emotionally invested, financially invested, professionally invested. Dr. Jonathan Moreno, Professor of Bioethics, University of Pennsylvania Last week I pointed out that a ridiculously expensive drug ($15,000/year) … read more »
  • Why We Don’t Take Our Meds (Again), Part 7

    Why We Don’t Take Our Meds (Again), Part 7

    Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as though nothing had happened. Churchill It was mid-2015 and I knew I was in trouble as soon as I walked into my doc’s office – he was grinning from ear to ear and … read more »
  • Why We Don’t Take Our Meds (Again), Part 6

    Why We Don’t Take Our Meds (Again), Part 6

    It is difficult for a man to understand something when his income depends on his not understanding it. H.L. Mencken About the time World War I was breaking out in Europe, doctors conducting postmortem exams on heart attack patients discovered that those patients’ coronary arteries were gunked up with cholesterol. … read more »
  • Why We Don’t Take Our Meds (Again), Part 5

    Why We Don’t Take Our Meds (Again), Part 5

    By “PVCs” I don’t mean the stuff they make pipes out of. I mean “premature ventricular contractions.” When people have heart attacks, especially serious ones, heart muscle dies and turns into useless, deadweight scar tissue. To make matters worse, hearts that are pocked by scar tissue conduct electrical waves very … read more »