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…
Am I a Bot? (Part 4)LLMs [that is, large language model generative AI systems] are essentially ‘conventional wisdom’ machines. Bruno Massarelli Why is generative AI – like Chat GPT – such a threat to Google’s internet search revenue? To understand why, let’s engage in a thought experiment in which, some time in the future, we … read more »
Banks – and Reputations – Go Poof[I’m interrupting my series on generative AI for this bulletin on Silicon Valley Bank.] How did you go bankrupt? Bill asked. Two ways, Mike said. Gradually and then suddenly. Hemingway, The Sun Also Rises Is it just me or was there anything about the collapse of Silicon Valley Bank that … read more »
Am I a Bot? (Part 3)I love you. Bing/ChatGPT to tech reporter It’s almost impossible to overestimate the stakes for generative AI systems like ChatGPT. Google has long dominated internet search, holding more than a 90% market share. Microsoft’s Bing, meanwhile, has been a pathetic also-ran, holding down market shares in the single digits and … read more »
Am I a Bot? (Part 2)ChatGPT is scary good. Elon Musk Every so often a technology captures the world’s imagination. The Economist [Generative AI] is as important as the PC, as the internet. Bill Gates I think it will be the most significant technological transformation in human history. Sam Altman, CEO of Open AI, the … read more »
Am I a Bot?A month or so ago a reader of these pages wrote in to let me know she had concluded that my essays had been written by “a particularly dim-witted Artificial Intelligence bot.” Well! I’ve received many critical and intemperate responses to these writings over the years, but that was the … read more »