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The Online Home of Author and Investor, Dick Young

Archives for March 2018

Third Somm Film Explores the Greats of Wine Tasting

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According to Decanter.com’s Jess Lander, a third installment of the Somm series of movies about sommeliers and the wine making process will be released, possibly later this year. The film will feature some of the world’s most renowned sommeliers. She writes: A third ‘Somm’ film is in production and features an all-star cast of wine’s […]

Happy Easter: Meet the Man behind the Sweet, Parisian, Macaron

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Standing on the steps of the Madeleine church in the 8th arrondissement, looking down Rue Royale, you can see the Place de la Concorde. Where Rue Royale meets Rue du Faubourg Saint Honore, across the street from Gucci, you’ll see the mint green awnings of maison Ladurée, home to the macaron (pronounced mah-kuh-ron)—meringue like cookies, the […]

The Best Investing Advice I Have Ever Read

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In my five decades of investing experience, a piece written yesterday by Jeremy Jones, Chief Investment Officer at Richard C. Young & Co., Ltd., is the best I have read. The piece begins: The Dynamic MaximizersSM Portfolio has gotten off to a slow start this year. The Maxis Portfolio is down about 2.4% YTD. That still edges out […]

Can the Army Save Lives with Virtual Reality?

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Researchers at the U.S. Army’s Communications-Electronic Research, Development and Engineering Center are working on a new technology that troops could soon be using to locate IEDs reports Todd South of the Navy Times. The new technology uses virtual reality (VR) goggles and/or tablets to paint a digital picture of what lies beneath the ground. This […]

Can Bolton Change to Achieve Success in the White House?

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Writing at The American Conservative, Daniel R. Depetris says John Bolton’s record of temper tantrums and berating employees with differing views must stop when he gets to the White House if there is to be any hope for success. It has been about four days since President Donald Trump appointed former U.S. ambassador John Bolton […]

Don Imus Signs-Off

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Thank you Don Imus for 50-years of entertainment and enlightenment. At age 77, Mr. Imus signed off at 7:20 this morning for the last time from his flagship WABC (770 AM) in New York in an emotional thanks to, “You,” the listener, and a heartfelt, “I’m going to miss you.” “Much more than a ‘shock […]

Repealing the 2nd Amendment: What Are They Waiting For?

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You perhaps are aware that Justice John Paul Stevens argued this week in the NYT that, with the shooting in Parkland, Florida students and their allies should lobby Congress and states to abolish the Second Amendment. “Concern that a national standing army might pose a threat to the security of the separate states led to […]

Is Appointing John Bolton Trump’s Worst Mistake?

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According to Jimmy Carter, appointing John Bolton could be President Trump’s worst mistake in office. In an interview with CBS This Morning, Carter calls the appointment ill advised, because Bolton has called for preemptive war over and over again. Carter thinks the country can overcome the decision to appoint Bolton. Clark Mindock writes for The […]

Tariffs: The Milton Friedman Perspective

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Tariffs are controversial. Milton Friedman expertly laid out the reason tariffs harm consumers in a lecture he gave in Utah in 1978. He was correct about the effects of tariffs in a perfect world, but when fighting a trade manipulator such as China, there are other aspects of the issue to be considered. There is a […]