The Art and Science of Investing Flew Out the Window in 2023.
My financial net worth would be six or seven times what it is now if I had not sold all my Wall Street investments in 2013 and continued my conservative investing style. And yet that would have left me morally bankrupt.
I was never tempted by the stuff Sam Bankman-Fried and others like him were pedaling. I have noticed how many fraudulent business enterprises have come out of California; Stanford and the University of Southern California lead the pack.
I was never even tempted to buy private equity funds. Five percent was the recommended asset allocation the last time I attended a community foundation investment management event.
The nine investments listed below are my most successful investments, with the exception of Aaron Barnes | The 1905 Music Venue. Aaron Barnes has lied to me so many times it makes my head spin. The 1905 is still in business or so it seems. Aaron Barnes was a music teacher in the Portland Public Schools when he quit to start the 1905.