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…

  • Antitrust Is More Interesting Than You Think, Part 13

    Antitrust Is More Interesting Than You Think, Part 13

    We are evaluating a variety of complaints about Big Tech to see whether our ramshackle antitrust laws represent an appropriate remedy. So far, we’ve learned that antitrust action is a clumsy approach at best. But let’s look at one more major complaint against Big Tech: Competing with the customers A … read more »
  • Antitrust Is More Interesting Than You Think, Part 12

    Antitrust Is More Interesting Than You Think, Part 12

    As I noted last week, virtually everywhere we go and everything we do is subject to surveillance by government and private citizens. And the person they are looking at is actually us, not some random number linked to our computers. Internet privacy, by contrast, involves businesses following around HTTP cookies … read more »
  • Antitrust Is More Interesting Than You Think, Part 11

    Antitrust Is More Interesting Than You Think, Part 11

    If we thought that way too many antitrust laws and enforcements were ineffectual at best and counterproductive at worst, matters are about to become even more dreadful – most of the proposed enforcements will harm consumers without much denting the power of Big Tech. I want to emphasize that in … read more »
  • Antitrust Is More Interesting Than You Think, Part 10

    Antitrust Is More Interesting Than You Think, Part 10

    Consumers won’t thank antitrust enforcers for repeating the mistakes of the past. Jessica Melugin, Competitive Enterprise Institute The so-called Chicago School approach to antitrust enforcement has many fathers and they rarely agree on much. In addition, the School has evolved over time, especially through the work of people like Robert … read more »
  • Antitrust Is More Interesting Than You Think, Part 9

    Antitrust Is More Interesting Than You Think, Part 9

    From the date of enactment of the first antitrust laws during the Roman Republic right up to the present moment there have really been only three theories that have addressed the proper role of a government in controlling anticompetitive behavior. Let’s take a quick look at each theory, in part … read more »