Abridged Note Sent to Students on Epictetus

I have long been a lover of Sharon Lebell's book (The Art Of Living : The Classical Manual On Virtue, Happiness And Effectiveness) on the philosophy of Epictetus. Yesterday I sent some excerpts from this book to my BFBV students at MDI. Here is an abridged version of what I sent them: - - Dear… Continue reading Abridged Note Sent to Students on Epictetus

A Thread on Diversification

My friend Shyam, wrote an excellent column on diversification. I agree with everything he has written and have some additional thoughts. Thread... A Thread on Diversification Diversified conglomerates get a bad rap for very good reasons. One big one, as Shyam points out, is capital misallocation.Companies in diverse industries have, for the most part, destroyed… Continue reading A Thread on Diversification