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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…

  • The Art of Peace, Part 11

    The Art of Peace, Part 11

    If someone is victorious in battle and succeeds in attack but does not exploit the achievement, it is disastrous. Sun Tzu, The Art of War, Chapter 12 As we approach the end of this long series on The Art of Peace, let’s take a look at America’s adventures in Iraq. … read more »
  • The Art of Peace, Part 10

    The Art of Peace, Part 10

    There is nothing more difficult than military combat. Sun Tzu, The Art of War, Chapter 7 In 1966, roughly 6,000 people lived in the village of Binh Nghia, a series of hamlets strung out along the Tra Bong River in far northern Vietnam, near the coast of the South China … read more »
  • The Art of Peace, Part 9

    The Art of Peace, Part 9

    One who excels at sending forth the unorthodox [army] is as inexhaustible as heaven. Sun Tzu, The Art of War, Chapter 5 In the case of Vietnam we don’t need to speculate about how Gen. Sun Tzu would have conducted the war, for the simple reason that the US military … read more »
  • The Art of Peace, Part 8

    The Art of Peace, Part 8

    Happy New Year! After all the stupidity, all the lies, all the inflated body counts, all the unnecessary deaths, in spite of it all, by 1968 an American victory in Vietnam was within easy grasp. Even Westmoreland could have managed it. Why? Because the enemy had made a spectacular and … read more »
  • The Art of Peace, Part 7

    The Art of Peace, Part 7

    Speaking of peace, Merry Christmas! As noted last week, some aspects of the domino theory were correct. Following the defeat of the Nationalists in China, South Korea would certainly have become Communist absent US intervention. The same can be said for South Vietnam, although in that case the Communist takeover … read more »