I’ve found it helpful throughout my life and career to pursue differing approaches and then to move forward based on the weight of the evidence.
My passion for playing tennis provided me with a perspective for approaching investment decision-making and market strategy that has stayed with me to this day. I learned tennis on slow, red clay courts on Long Island before moving to grass. Having to utilize both the perseverence-defensive strategy for clay and the aggressive-offensive strategy for grass resulted in my being able to use both strategies to fit the tournament opponent regardless of what surface we played on. I was able to transition from a top country club player to a tournament player beating ranked players in the Eastern Lawn Tennis Association to a tennis professional for a period of time before returning to country club playing.
For fifteen years I was a commercial and merchant banker (Manufacturers Hanover and Bank of Montreal respectively). This provided the training for working with families to understand and prioritize family goals. I expanded on this background by helping entrepreneurs to grow their presence within the media & communications industry as an investment banker at Lehman Brothers.
In moving to the investment side of the business, I have used a combination of the three major disciplines: fundamental analysis, technical analysis, and quantitative analysis. I also was fortunate enough to have served as President of both The New York Society of Security Analysts and The Market Technicians Association at times when our industry was undergoing unusual turmoil.
I find looking at the world from different perspectives truly helps in better assessing market conditions. Providing market commentary for CNBC London and Asia, New Delhi Television, and Kuala Lumpur as well as for CNBC Worldwide has helped me in this process.
I started this blog as the result of the inspiration I have received from Michael Lipper and his well-reasoned and provocative blog.