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[This post is for entertainment or educational purposes only and does not offer investment advice of any kind. Investments decisions should be made with careful consideration on an individual basis along with a professional.] PUNDITS AND POLLSTERS will soon begin to argue passionately over their predictions for president in 2020. They usually make emotional cases and use tired, second-hand reasoning on either side–sounding much like sports bums at the beginning of a new season. Everybody loves a fortune teller. But despite the minor blips in the polls, the outrage du jour, and the talk of impeachment (and the expanding list of reasons for it), the best predictor of the election–assuming it’s held on schedule–will be the performance of the stock market over the next year.

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Markets

  MY INTRODUCTION to the concept of gold as an investment began in the late 1980s. I was a young stockbroker in Arizona, and while copper mining dominated the extraction industries then, there was still talk of gold mines and claims on thousands of acres that might translate into billions for lucky investors. After the inflation scare of the late 1970s (shortly after the US abandoned the gold standard), confidence in the financial system had eroded. Gold was seen as a way to preserve purchasing power if a currency kept losing purchasing power (due to inflation). Even as prices were coming down in the late 1980s, investors called in to arrange purchases of gold coins and silver bars. They brought guns and family. Precious metals

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[This piece, taken from the writing collection of the same title, is re-posted as an anniversary tribute. Dad died on August 12, 2013. ] The Eighth Day by Thornton Wilder is my favorite book. It is probably also the most underrated novel of the last century. I never merely re-read it; every few years it summons me, and like a somnambulist I turn to the bookshelf and reach for my copy. A novel such as that is a conjurer’s orb: your hands surround and caress it, your eyes peer into its depths and… a voice sounds. The voice wields the kind of authority that dismisses fiction. The images, the characters—the story chronicles a series of events so rife with Truth that they must have occurred,

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Movies

    NOW THAT MERYL STREEP and Nicole Kidman are both starring in the second season of the TV series Big Little Lies, it’s probably safe to say that the bell is  ringing furiously to signal the end of an important socio-cultural era: the great period of feature films that began almost a century ago.  While there are still feature films and movie theaters, it seems as if most of the films are superhero fantasy or animated films. The energy, the talent, and the money is pouring out of “movies” into these TV-based series. We might have a net maintenance of creativity–perhaps even more. Maintenance of quality? Not as easy to say; the productions are very good and getting better as the market heats up. But

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