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…

My surgery went well. I am now home recovering. I was reminded yet again how dependent I am on people around me. Words alone are not enough to describe my wife’s unending support and devotion during a time when I needed her most. Experiences like these bring us closer and make our small family stronger. She could be next to me because our whole family was there for us and for this I am very thankful.

Every time I am at a hospital, I am humbled by…

“Not everything that counts can be counted, and not everything that can be counted counts.” ~ Albert Einstein

If you have something important to convey, just say Einstein said it or it’s one of Franklin’s quotes. I don’t know for sure who said the above but it made sense to me especially given this little experience yesterday.

My six-year-old knows how to play chess and recently has started making me think harder…

Earlier I wrote about separating the wheat from the chaff but today a few sentences in comments of a post provided much food for thought. The lens of our minds often paint a very distorted picture of ourselves and, as a result, of others and the world around us. Unfortunately, since we only have a single point of reference, it is difficult for many of us to catch…

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…