Financial and Investment Advisors to Families

In a financial world where clients have become mere account numbers, and the new emphasis rests on mass-marketing investment products and gathering “Assets Under Management,” we continue to deliver the attentive personal service of a knowledgeable and dedicated family advisor.

We believe that we are better investors because of our heritage as advisors to families and the long-term perspective it requires, and we are better family advisors because we possess the deep understanding and experience of real-life, active investing.



December 1, 2021

Richer, Wiser, Happier (Scribner, 2021), a book by Wall Street columnist William Green, is a wonderful collection of interviews of highly successful investors that also have developed valuable lessons for life in general. Mr. Green does not approach these interviews as a traditional “groupie” only impressed by investment performances and dollars earned but elaborates on the character and life disciplines of his subjects.
Read More

False Defeats and False Victories

November 11, 2021

Aren’t stocks a lot like heroes in novels we read? Six years ago, when I was putting the finishing touches on my first book: “Outsmarting the Crowd,” my UK-based editor, with a great affinity for novels, told me how much we can learn from works of fiction. Our conversation renewed my interest in novels, stories, and specifically how they are structured. Whether it’s a recent Hollywood production or a 5,000-year-old myth, the hero celebrates false victories and faces false defeats, very much like any investment we research. Let me explain.
Read More

Beyond The Headlines


November 15, 2021

During the pandemic, I have been using my forced time out of the office to review in detail my investing experience of the past fifty years – hoping to gain some enlightenment from this broad view. My first observation is that, contrary to public complacency induced by twelve years of the current bull market, there have been some serious breaks in the progression of the major indices over this time span.  I experienced these at first hand, and a partial review is very enlightening.
Read More

Time Traveler’s Portfolio

October 28, 2021

With almost every other tech billionaire building a space rocket these days, it dawned on me that time travel compared to space travel remains still completely undiscovered. There is no cryptocurrency, SPAC (special purpose acquisition company), VC fund (venture capital), or ETF (exchange-traded fund) that invests in time travel (that I know of). Not yet, at least. If I were a physicist, I’d be curious what kind of laws of physics we need to bend to make it happen. If I were an engineer, I’d be researching durable and light materials to build a time machine. Since I’m an investor, it should be no surprise that I’d like to know what kind of portfolio I’d take with me on this journey!
Read More