There are probably more than five versions of A Christmas Carol that I've enjoyed in my lifetime.  Actors such as George C. Scott, Patrick Stewart, Michael Caine, Alastair Sim, Jim Carey, a Disney Duck, and Bill Murray have played the role of Ebenezer Scrooge. Charles Dickens' 1843 tale concerns the transformation of the archetypal character … Continue reading A Christmas Carol →

The cycle of life occurs frequently on the farm.  Cute pictures of newborn baby calves getting a drink of milk are easy to find on Instagram.  But, the closer we are to the beauty of life, the closer we are to death out on the range. When my family returned from our annual beach trip … Continue reading Behavioral Bias On The Farm →

I recently read Robert Kurson's "Pirate Hunters," while on vacation.  It was an engaging account of The Golden Age of Piracy of the late 1600s and centered upon the effort to locate a one of a kind ship from that era. Kurson's "Shadow Divers" and "Rocket Men" have also gotten very positive reviews.  However, I … Continue reading A Pirate Hunter’s [Investment] Process →

Modern Portfolio Theory suggests that risk can be reduced through diversification.  Euphemisms such as don't put all your eggs in one basket have been prevalent in society for generations, but only within the last several decades has there been enough data and computing power to scientifically and mathematically support the benefits of diversification for investing. … Continue reading Diversify Your Perennial Pasture Portfolio →

It was probably the Summer of 1987.  In October Wall Street would experience Black Monday, Oliver Stone's eponymously named movie would be released in December, and I could've cared less.  I remember slowly turning the dial of the boombox trying to pull the signal in from a distant radio station to hear a Yankees baseball … Continue reading Investing Stranger Things →