Roads Less Traveled

I’ve noticed a problem with our nation’s foremost hero. Namely, how do you fit “The Reverend Doctor Martin Luther King, Junior Boulevard” on a Street sign? That’s 48 characters, not counting the spaces! To make a proper sign, it would have to go across all 8 lanes of an expressway. Sure, you can abbreviate, but that’s disrespectful, and everybody knows you can’t diss da’ King. What to do, what to do? Continue reading →

At 11, I went to Camp Geronimo, a Boy Scout preserve high up on the Mogollon rim in northern Arizona. As the youngest Scout, it was my honor to light the great bonfire that ushered in the opening ceremony for that summer’s festivities. On the big night, hundreds of the youth and camp leaders filed into an open field and sat in a semi-circle around a stack of wood the size of a Volkswagen. Behind the scenes, one of the Scoutmasters handed me a lit torch. Continue reading →

OK, so we’re still up for the year, and still doing way better than the market, with our portfolio. That’s the good news. The bad news is, if you’ve been invested in the broad market, you’ve seen the worst opening week of any year in Wall Street’s history. Continue reading →