“A master in the art of living draws no sharp distinction between his work and his play, his labour and his leisure, his mind and his body, his education and his recreation. He hardly knows which is which. He simply pursues his vision of excellence through whatever he is doing and leaves others to determine…

“The man who is a bear on the future of the United States will always go broke.” – J.P. Morgan We begin with a story from one hundred years ago… From My Favorite J.P. Morgan Story by Mark Skousen: In the early days of the Twentieth Century, when J.P. Morgan ruled Wall Street, a visitor came…

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I get a little mellow in the music department come this time of year and I think the band Dawes is going to be heavy in the rotation all summer long. If you’re unfamiliar, Dawes makes records in a note-perfect Laurel Canyon sound – the kind of rock that came out of the North Hills…

This is so key… *** An important differentiator between our selection process and the processes of the value managers we respect is the time and effort we spend on analyzing how psychological factors affect decision making.  A number of different factors cause people to systematically make mistakes in judgement – just to name a few:…

But I am uniquely positioned at a very particular crossroads and every day I try to use that to my advantage.

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