Investor since 1980. Truly believe the US will climb out of the hole we are in because we have proven again and again that we are the best innovators in the world. Also believe that the time for a third party in our political system is now and that this realization will be the catalyst for a new era of growth and prosperity. The "peoples party" will change government to eliminate the budget deficits and require us to live within our collective means. This will be painful for a few years (as if it isn't already) but we will emerge as the global powerhouse we have been for the last 100 years.
Evaluation of the dominant assumptions and an understanding of the dynamics of the economic engine is the basis of an approach to asset allocation that provides for both a rational determination of value and an understanding of sentiment in the form of price as a measure of the irrational nature of the operational environment, an approach that is intended at once to avoid unnecessary risk while at the same time enable gradual rebalance of assets as a means to increase net worth via optimization of appreciation and long term yields. Let's call that buy low and fly high just for fun.