Reunion
I may not see these guys ever again. That was 1964 and it was almost true. Out of the a blue an email appeared from Tom suggesting a bunch of us from 1964 get together. The invite went to seven or eight; all were fraternity …
Getting old ain’t for sissies
During some mornings I had to roll out of bed. To simply jump out caused 8-9 point pain in my left hip. It wouldn’t be before noon that I could walk without a moan. For years I had popped NSAIDs like M&Ms. Shoulders, elbows and …
the EYE, part deux
No one I know has had retina surgery. So, am thinking the final moments of my recovery could be interesting to some. You will recall that a “balloon” filled with nitrous oxide (yes, laughing gas) was attached to my eye immediately after surgery. The balloon …
Market Thoughts
We are well into the greatest, at least longest, bull markets ever. Many have become complacent that this could last forever. And it could. The best performing group during this period have been the Dividend Aristocrats. The average successful industrial company pays out about 40% …
1991
In those days I worked in the vast trading room of PaineWebber at 50th and 6th Avenue or Avenue of the Americas. I loved the excitement of the announcements by traders that we had buy or sell orders. “I have size to go in IBM.” …
Border Dance
After reading detailed reports of girls ages 10-13 being raped in Honduras one wonders how to ever protect them. More than just a few of these girls are being impregnated and delivering children. The downward spiral of poverty, drugs, gangs and guns makes Honduras the …
Road Trip
Have you driven from the coast of North Carolina to South Texas? Don’t. From Wilmington to Port Aransas is 1423 miles and takes 23 hours, with no stops. And that’s using Interstates the whole way. That’s two nights each way in a motel and eating …
the EYE
As some may know, I suffered a detached retina while on a cruise to Rome from Ft Lauderdale. As we returned to the ship from a land tour of the Azores I noticed a black band at the top of the right eye. It was …
Books
You should read these two. Mountains Beyond Mountains by Tracey Kidder This is the story of Paul Farmer. If he doesn’t receive a Nobel for his medical work it will be a travesty. A Harvard trained doctor who practices medicine just enough to make enough …
Utilities
Utility company earnings are seemingly exploding. Yes, they are beating already depressed comparisons but they are up. Big. And shares are responding to the good news. When was the last time you saw a utility stock up more than 5% in one day? Look at …