Fee-Only Investment Advisory and Financial Planning Firm Serving Greater Richmond, Virginia
“In preparing for battle, I have always found that plans are useless but planning is indispensable.” Dwight D. Eisenhower (As quoted in Six Crises by Nixon, Richard (1962). “Krushchev. ” Doubleday.) General Eisenhower’s point was that the process of creating a plan provides value because it forces the planner to consider (and make provision for)…
Let’s look at the first Universal Objective in small business succession planning: What is your Target Departure Date? Setting the departure date is crucial to creating an exit plan, yet it is very likely that date may be adjusted once or even several times before you actually exit your business. Sometimes this adjustment is caused…
I am starting a new series of blogs on Small Business Succession or Exit Planning to begin to better communicate the components of a successful plan. A properly planned business exit could make the difference between a comfortable retirement, or one where you just scrape by, worrying about money and the effects of inflation. The…
Markets Work – stocks generally trade at fair value because all publicly known information is easily known by market participants. Investing Versus Speculating – chasing returns rarely builds portfolios. However, we believe in investing money in well thought out portfolios, which include stocks from large and small companies based all over the world. We also…
In my last blog, I focused on David G. Booth, one of the founding partners of Dimensional Funds. Today I will focus on his partner, Mr. Rex Andrew Sinquefield, and his early years. When I started writing these blogs, it seemed to me from my preliminary research that so much of whom DFA is and what…
Today is Part II of a series of articles entitled: Dimensional Fund Advisors: Who Are They and What Makes Them So Valuable to Investors? The core of the Dimensional Funds history stems back to their founders: David G. Booth and Rex Sinquefield. Prior to my research, I had never heard of either of these two men, but it…
