Wings & Wildlife Soirée Raises $55,000 in Support of National Aviary

The National Aviary’s Annual Wings & Wildlife Art Show kicked off on Friday, November 3 with a first class Soiree & Benefit Auction. Guests mingled with wildlife artists and met exotic birds up-close as they enjoyed gourmet hors d’oeuvres, open bar and strolling strings, all before gathering for an exciting live auction, emceed by beloved …

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Just Because

I know there are things that you ain’t supposed to do and will probably get you a good whipping if you’re caught but you’ll do them anyway just because and for no other reason than just because. Like you ain’t supposed to play with matches just because you can burn someone’s porch down or shoot …

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Nailed It

I recently received a nail salon gift card, which I thought was a bit unusual, because I have short, raggedy nails and giant “Man-Hands.” My “Man-Hands” are definitely passed down from my father’s side—my Uncle Willis could bend bottle caps into little tacos just using his thumb and index finger—and my Dad had thick strong …

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Investing in a Rigged Market, Part IV

If we care about the health of free market economies, then we need to care about how efficiently capital is allocated in those economies. And if we care about efficient capital allocation, then we need to care about the health and efficiency of capital markets, because those markets are the principal instruments we have for …

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Seek, and You Shall Find… Conflicting Investment Advice

The run of this current Raging Bull of a stock market has been exceptionally long: eight-plus years. (The average bull market has lasted four years, nine months.) In response there has been great conjecture by investment firms, financial advisers, brokers, and market pundits in Pittsburgh about how much longer the market may rage.   These opinions …

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A Bold Look at Race Through Art at the Carnegie Museum of Art

When Vogue lauded “20 / 20: The Studio Museum of Harlem and Carnegie Museum of Art” as the most important art show in America, they guaranteed a critical response. Setting aside the hyperbole, the magazine established race as the context for viewing and thinking about the exhibition, stating that “as monuments to Confederate generals come …

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Tommy the Unlikely Donut Man

Tommy Gozion had never made a donut in his entire life. Which was weird, given the fact that he tacked some neon to the storefront along Route 8 and announced to the world that Valencia Donut was open for business. The idea of donuts popped into his head when he was at the beach a …

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Squeezing out the Investment Experts

The core problems with central bankers, which have led directly to the catastrophes of the Tech Bust, the Financial Crisis, the pathetically weak recovery from the Great Recession of 2008-09, and the near-destruction of the asset management business, are: groupthink, arising out of the fact that every central banker in the world went to the …

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The Frick Pittsburgh Opens “Undressed” with Gala

The Frick Pittsburgh marked the opening of “Undressed: A History of Fashion in Underwear” with a gala held on the evening of October 19. The sold-out “Undressed” gala provided four hundred guests the opportunity to experience the blockbuster exhibition before it opened to the public on Saturday, October 21. Gala co-chairs were Ina Gumberg, Peggy …

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The Fed and Friends

We are talking about the traumatizing events that rocked the asset management business, to say nothing of the world, beginning in 2008, a calamity brought to us courtesy of the world’s central bankers. I’ve discussed elsewhere the bizarre strategies of the U.S. Fed and its various doppelgängen at other central banks around the world. But …

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Washington & Jefferson College Inaugurates Knapp as 13th President

Washington & Jefferson College inaugurated John C. Knapp, Ph.D., on Oct. 19, 2017 as the institution’s thirteenth president. The ceremony was held at Olin Fine Arts Center on the W&J College campus. Dr. Knapp began his appointment at W&J on Aug. 1, 2017, following the retirement of former W&J President Dr. Tori Haring-Smith in June. …

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Big Brothers Big Sisters’ ILLUMINATION Ignites the Senses

Big Brothers Big Sisters’ ILLUMINATION ignited the senses: guests reveled in the multi-sensory environment of light, sound and taste held at LUXE Creative Studio TWO on the evening of October 7. ILLUMINATION raised $324,109 for Big Brothers Big Sisters of Greater Pittsburgh. The evening sparkled with designer cocktails, delectable bites and an expansive silent auction. …

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Miscalculations

I. Through my in-laws’ breakfast window in the country, the nuthatches roll and bounce and shake spiny winter brambles. Their breasts puffed round as if to fit in the hand of a child. I scrape rings of hardened milk from my coffee mug while I confuse the birds for chickadees and search for spring. II. …

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Investing in a Rigged Market

The asset management business as we know it today got started in the mid-19th century. The impetus for investment management firms separate from banks arose out of the awkward fact that banks often fail, while asset management firms hardly ever do. According to Nigel Edward Morecroft, who has studied the history of asset management, firms …

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To Experts: a Few Words of Wisdom

“I would rather be governed by the first 2,000 names in the Boston phone book than by the Harvard faculty.” –William F. Buckley I began this series of posts by focusing on the annoyance ordinary people experience when they are constantly being told what to do by an ever-proliferating series of experts in almost every field …

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Pittsburgh Quarterly Readers’ Top Garden Photos

We asked our readers and the Pittsburgh community to submit photos of their gorgeous gardens and unique backyards. The results are in! Below is a selection of our favorites. Fox Chapel Golf Club’s Tennis Bed The Tennis Bed at the Fox Chapel Golf Club borders the front lawn and tennis courts, providing an explosion of …

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Meet Me at the Station Event Supports Community Revitalization

On the evening of September 30, the Wilkinsburg Train Station lit up with performances of many kinds to promote the revitalization of Wilkinsburg through the Wilkinsburg Community Development Corporation. “Meet Me at the Station” featured live performances by DEPAC Contortion and Attack Theater. Acclaimed artist, Norman Brown, live painted a rendering of the train station. …

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Allegheny Health Network Holds First-Ever Gala

The Allegheny Health Network “In the Spotlight” Gala was held on Wednesday, September 27 at Stage AE. The Network’s first-ever gala included a cocktail reception, dinner, and entertainment by The Elite Show Band. Emcee Bob Pompeani from KDKA-TV also led the nearly 500 guests through a brief program which highlighted AHN’s range of capabilities, as …

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Back to the Middle Ages: A Century of “Expertism” in America

The vast Federal regulatory apparatus that we know and love today got its start early in the 20th century under President Woodrow Wilson. Appropriately, Wilson was the only President in U.S. history to earn a PhD–he’d been president of Princeton University. At that time the world still believed that Great Britain was the globe’s most powerful …

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It was a Good Idea in Theory…

Back in 1986 I launched a wealth management firm I conceitedly called “Greycourt”—it’s an anagram for my name. The firm met with modest success and in 1988 I incorporated it. I was probably the most hopeless, bumbling entrepreneur in the history of private enterprise, but somehow I’ve been with Greycourt for 31 years. For the …

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Diamond Horseshoe Ball Kicks Off Pittsburgh Opera’s season

Pittsburgh Opera officially started off its 2017-18 season with the Diamond Horseshoe Ball at the Omni William Penn on Friday, September 22. The gala was chaired by Dr. Vonda Wright, a renowned orthopedic surgeon with UPMC, and her husband Peter Taglianetti, a Stanley Cup winner with the Pittsburgh Penguins. Over 200 attendees enjoyed a cocktail …

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Blue Bra 

She was out in Cairo’s Tahrir Square saying no to the theft of her future, her blue bra cupping young breasts, exposed when soldiers bludgeoned her for defending hard-won revolution, ripped off her concealing  abaya, stomped her slender chest. The bright blue bra shining out went viral, proclaimed that under the heavy layers men hide …

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