Blue Sheets Commentary

Our mission at Financial Advantage is to promote the prosperity and, thereby, the economic freedom of our clients and their families by thoughtfully investing their savings; to pursue opportunity wherever we find it, while diversifying the risks that attend even the most promising enterprises. 

As the door swings open to a fresh new decade of opportunity, and as we survey the exciting array of businesses in which private capital might be invested, we are conscious of three large-scale risks that have the potential to overwhelm ordinary investment considerations. These risks have to do with how governments respond to...

Our process for preserving your capital in a volatile world- In the last issue of The Blue Sheets® we examined some of the profound ways in which the world is changing, and the new opportunities and new kinds of risk that may proceed from those changes. In this issue we take a look inside the Financial Advantage process for investing our clients’ irreplaceable life savings during what is likely to be a volatile period of transition to an unfamiliar future.

Thomas Rowe Price, founder of the eponymous mutual fund giant, opined famously that “Change is the investor’s only certainty.” As our thoughts ramble back across the eons, a startling range of famous change agents parade before our mind’s eye: The taming of fire; the first tradesman to hitch a wheeled wagon to a camel; the Code of Hammurabi (rule of law); the Exodus from Egypt and the carpenter from Nazareth; the Battle of Hastings; Adam Smith’s Wealth of Nations; the American Revolution; the Crash of ’29; D Day; the integrated circuit (microchip); and we are tempted to add, subject to revision, the collapse of Lehman Brothers.