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The Template for Sustainable Development

It was several years ago that Pittsburgh Mayor Bill Peduto was chatting with André Heinz, soon to be chairman of The Heinz Endowments, about development in Pittsburgh— specifically, Hazelwood’s Almono site, where the foundation is a principal. The more they talked, the more they realized they shared a vision for…

Among the Trees

by Douglas Heuck
As Meg Cheever said, “The best park in Pittsburgh is the one you are in.” She founded the Pittsburgh Parks Conservancy in 1996 at a time when Pittsburgh was a long way from claiming victory in stemming the tide of decline that still clung to the city. With a band…

The Illusion of Control

by Greg Curtis
“Tell me, sweet lord, what is’t that takes from thee/​Thy stomach, pleasure, and thy golden sleep? *** In thy faint slumbers I by thee have watched,/And heard thee murmur tales of iron wars.” —From Lady Percy’s soliloquy in Henry IV, Part I

The Puzzle of “E”

by Tom Flannery
If you didn’t read my first piece, I was prompted to consider writing this blog by my own passage through late middle age to advanced middle age. I can see the end of the road, career-​wise, through the haze. My younger, more energetic colleagues are assuming more of the responsibility…

Meet Jack Roseman, the Tech Whisperer

by Evan Pattak
Shortly after Keith LeJeune helped found Agentase, a company that developed tools to detect hazardous chemicals, he called on Jack Roseman. LeJeune was so impressed with Roseman that he hired him as a consultant.

Pittsburgh: Too Much Same Ol’ Same Ol’

by Paul Scripko
Despite being one of the country’s hottest cities, at least as far as mainstream media reporting goes, the Pittsburgh metro still provides less opportunity for its residents than its peers. That fact was borne out by recently released employment numbers for July: unemployment is rising above both State and national…

Thoughts on the Search Business

by Tom Flannery
I‘ve been ruminating recently — one tends to do that at a certain stage in life — about the business I’m in: executive search. It’s a nice business, especially if you enjoy introducing interesting, talented people to other interesting talented people, which I do, and don’t mind rejection, which I don’t. The business is…

Boom and Bust

by Seamus McGraw
All over rural pennsylvania, motel parking lots, which just a couple of years ago were teeming with lumbering pickup trucks with out-​of-​state plates, are nearly empty. So are the hastily constructed “man camps” that not so long ago provided temporary shelter for roughnecks and roustabouts. So are the breakfast joints…

On the Road to Prosperity

by John Beale
Prosperity means different things to different people. But to the residents of a village by that name in Washington County that’s been significantly affected by fluctuations in the coal and Marcellus Shale gas industries, Prosperity is home. Some of the 1,105 residents have made a lot of money. Some are…

The Road to Sustainability

by Jeffery Fraser
In a region conceived around the principles of sustainability, clean, healthy air is an undisputed staple. Southwestern Pennsylvania is not there yet. The air has markedly improved from the days when industry was the backbone of the economy. Yet, in the best of years, it’s only good enough to warrant…

The Right Thing To Do

It had stormed the night before, hard enough to postpone the Pirates game and scrub the air, leaving it sharp and glittering for the early morning joggers along the North Shore Trail. The bridges overhead buzzed with the aggregate sound of thousands of people going to work. Halfway between PNC

Prospects for Pittsburgh Where You Might Not Expect Them

Two recent reports have me thinking about the Pittsburgh region’s future, especially those areas that aren’t part of the latest international praise for being “hip” or “high tech” or “urban cool.” It seems, touch wood, that a large part of the region is on the path to the only measures…

Down the Rabbit Hole

Each year in our summer issue, we ask a group of the region’s leading wealth managers to help our readers navigate financial waters by responding to a question. How would negative interest rates in the U.S. affect investors? Leading wealth managers respond…

Getting Rich in a Poor Market, Part VI

In a low return environment, investors need to do things differently if we want to have any hope of growing our capital. Many of these different things – the ones I’ve already talked about – have to do with playing offense in a smarter way. We’ve examined using more aggressive…

Getting Rich In a Poor Market, Part V

In my recent posts we’ve looked at various strategies investors might turn to if we find ourselves mired in a long period of unacceptably low investment returns. We’ve evaluated higher equity allocations, taking better advantage of the return premium associated with illiquid investments, and departing from indexing to try to…
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