Screens are all around us with our eyes focused on them…

I had to drive to Albany to meet with the State of New York folks. The two hour drive each way provides ample time to enjoy the scenery and reflect. For the mathematically inclined, I have an important once in a lifetime date to celebrate on November 16th, 2009. On that day, I will have lived the first half of my life in Armenia…

In response to a recent post from Jeff Watson, I said “I don’t believe markets can be accurately predicted. I have not yet seen any evidence that proves me wrong and would appreciate learning from those who have access to such science or methods. Markets are not subject to natural laws. My objective is to lose as little purchasing power over time as possible. I have not found a way to accurately [and consistently] predict even a single future price.”

Rocky Humbert, the legendary speculator and curmudgeon, promptly responded with “I tend to agree with you, but…

I was the summer intern at Eaton Vance, in the Strategic Income Fund team a few summers ago. Taking my job very seriously, I did everything to make sure that my duties were carried out to absolute perfection with attention to every detail. After a few weeks, the team got used to having everything in order; and I realized that I had created a process where…

Before I continue my story, I need to tell you about an Armenian cartoon called կախարդական լավաշ which means “the magic lavash (flat bread)”. It gives me great pain that this superb work of art loaded with life’s lessons can only be understood by Armenians. In many ways, my life is the story of the little boy in the cartoon who decides to explore the world to find his destiny. His mother gives him her blessing along with the magic bread which replenishes itself during his journey…