The Isle Of Palms is the first place that I really remember and we lived there around 1950. It was connected to the mainland by a single bridge and is near Charleston, SC. My father, who was in the Navy, was stationed at a Naval Base nearby. Our house was the last house on the road to the dump before an undeveloped marshy area, and was just a couple of blocks from the beach.
Growing Up: Age 5-8; Isle Of Palms, SC Read More »
As a kid, stuttering was just part of life and I wasn’t really aware of it. When I was seven, my parents noticed me hitting my right thigh with my fist. This was my way of interrupting the stuttering, but it caused a constant bruise.
Life With Stuttering Read More »
Twenty-five years ago, after I learned that the stock market had become inefficient, I began to think about investing in an inefficient market. Together with a friend who was also an ex-student, I attempted to start an investment management firm. This didn’t work for a variety of reasons, but I used the same analysis I
Investing In An Inefficient Market Read More »
The Cumberford brothers had a better idea: They would make a car that looked like a french car of the late 1930s with the best-available technology. Here are some of the highlights of that technology:
Cumberford Martinique Read More »
The stock market is inefficient because the Efficient Market Hypothesis (EMH) is believed. While this sounds peculiar, the EMH may be unique in becoming false because it is believed.
Why The Stock Market Is Inefficient Read More »
There has been a lot written on what market efficiency is, but much less on why it is important. My view comes from my background in financial markets: Market efficiency is important because it affects the flow of capital in the economy. Ideally, we want capital (money) to go where it gets the best risk-adjusted return. If the market isn’t efficient, it doesn’t go there – and the economy doesn’t perform as well as it could.
Why Market Efficiency Is Important Read More »
Several years after the final report, there was a study of accidents and fatalities at the changed interchanges. These found a 20% reduction in both at the recommended locations for diagrammatic signs: left exits from Interstate highways. Overall, this was an unusual research project because it encompassed multiple sign testing methods ranging from the laboratory, through instrumented cars, on-highway, and before/after accident and fatality records. While my part was small, it provided a standard that I have remembered.
Diagrammatic Guide Signs Read More »
The first course I taught was three hours in the evening; the first night everything went wrong and I learned to fix it by involving the students.
My first Teaching Gig Read More »