by William Hepburn | Dec 26, 2025 | Miscellaneous
When the terms “token” and “tokenization” first started cropping up in the news, I had to look up what they meant. I’m glad I had that background when I saw that tokenization will be coming to an investment near you, probably next year. Without getting too wonky on...
by William Hepburn | Nov 28, 2025 | Miscellaneous
Quantum computing has been in the news more and more these days, and as I study this subject, the more I am convinced that quantum computing will become the next great investment paradigm. Now, what do I mean by paradigms? These are not investments, per se. They are...
by William Hepburn | Oct 31, 2025 | Miscellaneous
I have long been a believer in active investment management. Personal experience has taught me that having different investment styles is as important to managing risk as having different investments themselves. From my experience, the ability to just step out of...
by William Hepburn | Sep 26, 2025 | Miscellaneous
Let Me Vent Before we get lost in the weeds of finance, allow me a small rant that relates to the following insight. The other day I wanted to visit my brother, so I dove into the challenging world of airline ticket shopping. Prices? Outrageously high. I thought my...
by William Hepburn | Aug 29, 2025 | Miscellaneous
Benjamin Graham was one of Warren Buffett’s teachers and Buffett considered Graham’s books Security Analysis (1934) and The Intelligent Investor (1949) to be his investment Bibles. Back in Graham’s day, financial statements were pure chaos— accounting standards were...
by William Hepburn | Jul 25, 2025 | Miscellaneous
We’ve had several Industrial Revolutions in the U.S.—four or five, depending on who you ask. But you don’t kick off a true industrial revolution with just one new product or industry. What you really need is an entire platform—something that creates lots of...
