Winning the Loser’s Game

Securities markets depend on markets for goods and services.

Securities markets depend on markets for goods and services.

Most of us enjoy movies, and there is a new one freely available on the Internet entitled, “How to Win the Loser’s Game.” If you have or want investments, this video is an excellent way to learn the essentials of investing. Fix some popcorn, open a soft drink and settle in front of your TV or computer. You will hear clear explanations of key ideas along with good interviews of people involved in creating modern investing.

Viewers can watch the film in one showing of 80 minutes, or in ten parts of varying length. The film comes from Britain, and the narrator has a pleasant British accent, adding perhaps a touch of class.

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A Winner: Passive Investing in 2014

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With the end of 2014, year-end investment returns are coming in, and two noteworthy results are these:

  • Passive investing, especially with Vanguard Group, continues to gain momentum
  • Passive investing, according to preliminary results, produced higher returns than many competing styles of investing.

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Witnessing Fall Color

In Athens, Georgia, fall color is nearing its end. It typically peaks in late October or early November. Today, in mid-November, the large landscapes of color are gone. We’re left with some colorful trees, maybe particular branches or individual leaves. It is a good time to experience retirement and walk around the yard and woods with an eye for small beauty.

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Ireland’s Landscapes: a Retirement Interlude

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This gallery contains 24 photos.

Ireland’s green landscapes have earned it the title, Emerald Isle. That one name hides the variety of green and its juxtapositions with the varying colors of the Atlantic, the greys of rock formations and stone castles, and the colors of … Continue reading

Danger: Motorcycling in the Coal Country of Virginia at Age 70

Young couple on a bike

Young couple on a bike

The road was sharply crowned, narrow and steep, and suddenly the Gold Wing starting misfiring, the light panel on the dashboard flashed wildly and then the engine just quit. The motorcycle stopped in the middle of the lane, and I was stuck, really stuck. The bike weighs about 1,000 pounds, and at 70 years old, I could not push it around to get it headed downhill. Continue reading

Old Men Return to the Woods

Courtesy of Al Reiner '64

Courtesy of Al Reiner ’64

You can’t go home again, argues Thomas Wolfe in his famous novel, but we do. Sometimes in retirement we move back to an earlier home place, and we often join family, friends or classmates at reunions where we celebrate our past. 

In August I attended my 50-year reunion of the class of 1964 at the New York State Ranger School, which trained us to be forest technicians—men who did much of the practical woods work of forestry.

The Ranger School did more than that for most of us. We were young, just out of high school, and we needed guidance. The faculty and staff helped transform us into young men ready for adult roles. Continue reading