The Richest Man in Babylon
Much has been written about the concentration of wealth in America. As we move closer to the fall elections, the wealth gap is likely to gain even more attention. In a January 2019 Yahoo article titled, “Top One Percent Own 50% of Stocks,” financial reporter Heidi Chung said the wealthiest people in America own half…Read More
A New Beginning
According to the National Forest Service, in every forest fire there is an element of new beginning. Certain species of pine trees develop very thick, nearly fire-retardant bark that protects the living tissue of their trunks. Lower limbs drop off over time, making it less possible for fire to climb to the more vulnerable tops…Read More
Wealth Creation
“Wealth is created through the long-term ownership of a growing business.” — Herb Ehlers, retired Chief Investment Officer of Eagle Asset Management and Goldman Sachs. In early 1998 I met with a young couple in Virginia to discuss their financial future. As I recall, they were both physicians, slightly arrogant, but in a benevolently condescending…Read More
My Books
