Capitalism’s Moral Ledger, Briefly Attempted In my first essay in this series, I asked who should be the moral arbiter in values-based investing. In the second essay, I explored why thoughtful, serious people find their moral compasses pointing in different directions even when they share the same core values. This essay tries to create clarity …
An essay in a series on business, values, and investing In my first essay in this series, I posed a question that I couldn’t answer. “Who is best positioned to act as the moral arbiter in values-based investing?” Asset managers, ratings agencies, regulators, advisors, or investors themselves? I still cannot answer this question. Over the …
An inquiry into the intersection of business, values, and investing I am considering a new business venture under the Valhalla banner: Valhalla Investment Services, a registered investment advisor differentiated by a values-based approach to portfolio construction. This idea has been simmering since I first got into the financial services business in 1998. My initial time …
I had a great conversation with some friends and colleagues earlier about the role MRF files might play into the practice of healthcare policy from numerous standpoints. We also explored the challenges native to these efforts. We also investigated the work of researchers in this space. I think there is a good opportunity to contribute …
Our family enjoyed a few weeks of vacation on Bornholm. As we were milling around, a handful of ideas for future blogposts occurred to me; I also took tons of photographs. I thought I would share some of these pictures, and summaries of potential blogposts, here. Bornholm is a small island in the Baltic Sea, …
If the cell is the basic unit of life – the living tool that forms the organism – then what is it “designed” to do? Well, first it has evolved to be autonomous, to survive as an independent living unit. This autonomy depends, in turn, on organization – on the cell’s interior anatomy. A cell …
I woke up this Labor Day thinking about the good fortune conferred on those of us living in the developed world. As an American, I am grateful for the good fortune to be born in New Jersey, to live in Pennsylvania, and have the opportunity to raise our children in a nice community and school …
We enjoyed a lovely trip to Denmark this summertime. I wanted to share some photos but have been delayed due to some travel detours, etc. We arrived in DK on a trip we planned about a year earlier. We were sad to miss the companionship of friends, who were unable to join due to an …
In thinking about the can of worms I opened about this topic, I started jotting notes on directions I might take next. There are so many possilbities. As a matter of inquiry, I found and perused an old copy of Keynes’ General Theory, looked at old international finance lecture notes from Professor Stanley Zin, and …
I developed an interest in distressed finance during my time at NYU-Stern, in part due to a very interesting professor, @restructurings, as well as some very cool and smart classmates, with whom I am blessed to remain connected. I have been rereading @elerianm’s The Only Game In Town over the past week and I have …