It isn’t as important to buy as cheap as possible as it is to buy at the right time.
February 07, 2014
It was the end of a day as I sat in a local restaurant kvetching to a friend. Kvetching is Yiddish for complaining. I really love Yiddish because it often captures not only a word but the sound of feeling in the word. It’s spoken emotion. “It’s been a five-year secular bull market,” I kvetched. “So what’s the problem?” he asked. “...
December 05, 2013
The seven-year-old entered the building and walked through a dimly lit hallway. He stepped around the body of a drunken man passed out on the stone floor then knocked on the apartment’s steel door. The door was supposed to protect you from the outside world. The outside world was Charlestown and the apartment building was public...
November 11, 2013
As I came up out of the subway in New York City, I realized I was at the beginning of Wall Street. Looking up the street I was absolutely awed to see the lineup of limousines. In Boston at the time there were no limousines. There –on Wall Street- they seemingly were everywhere! To a poor Irish kid from Boston the cars, and their...
October 21, 2013
The other night I entered a Cheesecake Factory restaurant and found myself smiling to no one in particular as my mind drifted back to over twenty years ago. I recalled sitting at the Prime Rib in Baltimore with David Overton, founder of The Cheesecake Factory restaurant chain, and his Chief Financial Officer Bill Kling. We had a large...
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