Steger, Sunseri, Sculley, Livingston, Wilkinson, Croce, Cenk

Wilbur Steger, 87: Will Steger was the creator and driving force behind Consad Research, a consulting firm that tackled practical and prospective problems from the streets of Pittsburgh to the White House. After working as an analyst at Rand, Steger left and cofounded Consad, which he ran for more than 50 years. The brilliant and …

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The Lure of Fishing

One of my earliest memories was Christmas Eve at my grandmother’s big home with its very high ceilings in Cincinnati. I was 4, and my aunt gave me a tackle box. As I examined the various fishing lures, my father said, “Be careful that the first fish you catch isn’t yourself.” I didn’t understand him …

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Home & Gardens

There’s a hand-drawn map of old Fox Chapel that shows the original estates, scattered here and there on the great pieces of property they once commanded. Many of the homes were weekend or country places the wealthy used as a respite from smoggy Pittsburgh; with better transportation they became primary residences and were built as …

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Three Simple Questions

Each year in our Summer issue, we ask a group of the region’s leading financial experts to help our readers by responding to a question. This year, we’ve asked three. The first batch of the questions and answers follow. Question 1: Since the election of Donald Trump, stock markets have soared and the confidence of …

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Remembering Three Great Pittsburgh Men

Henry Hillman, 98: Henry Hillman had a keen interest in the future and an unusual ability to see into it. In the 1970s, his was the voice that warned Pittsburgh leaders of industrial changes that would cripple the city if it didn’t diversify its industrial base. He removed money from the smokestack industries he inherited …

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A Walk in the Woods

Cook Forest State Park, home to magnificent old-growth forest, is a prime destination for anyone interested in scenic beauty, natural history and a variety of recreational opportunities. Located 75 miles north of Pittsburgh in Clarion County, the state park is named for John Cook, the first American to settle in the area, in 1826. By …

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A Belted Kingfisher

“From the porch at dusk I watched a kingfisher wild in flight he could only have made for joy…” —Wendell Barry (from his poem “Before Dark”) One summer day not long ago, I sat on the front porch of our farmhouse. It’s a log house, built about 1860 and added onto over the years—a happy …

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The Silver Tsunami

Editor’s note: The Allegheny Conference on Community Development claims that as many as 760,000 people in the 10-county southwestern Pennsylvania region will be heading toward retirement in the next 20 years. This unprecedented retirement wave promises to bring significant challenges to the region’s labor force as well as such sectors as housing, healthcare, education, recreation …

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Summer Reading List

The forces of the universe have a dark sense of humor. Just weeks before the publication of The Schenley Experiment, Jake Oresick’s revealing history of Pittsburgh’s first public high school, PMC Property Group began to advertise Schenley Apartments, which occupy the former school. “A truly unique historic property modernized to exceed your expectations,” the website …

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Capital Preservation Paul, Part VII

Well, the best-laid plans…I’d intended to interview the contestants in our little investment contest to get their take on the markets and on how well or badly they, personally, had navigated the various challenges those markets had offered. I was especially interested in what, if anything, the contestants had learned. But I was mainly thwarted. …

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Steelers Draft: Matt Milligan Gives the Scoop

The theatrics of the NFL draft reached new heights this year. Between a touching tribute to the late Dan Rooney and a pandemonium-inducing tirade by former Cowboys Wide receiver Drew Pearson, there were plenty of made-for-TV moments. A total of 6 trades were processed during the 1st round, 3 of which involved the eventual drafting …

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Spring Hat Luncheon Welcomes 600 to Schenley Park

The Pittsburgh Parks Conservancy raised $530,000 during its annual Spring Hat Luncheon on May 6, welcoming more than 600 guests to Schenley Park. A rainy week made it impossible to keep the ground dry under the tented area on the overlook, which resulted in the appearance of more than one pair of rain boots. “This …

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Gods & Goddesses Theme Ignites Pittsburgh Public Theater Gala

The Pittsburgh Public Theater wowed patrons of its Gods and Goddesses-themed gala on May 5 with a shimmering evening that began with producing artistic director Ted Pappas awaiting the arrival of his 400 guests while surrounded by strapping gladiators. “I like to make a nice, subtle entrance,” he said. Celebrating its 42nd year, the 2017/2018 …

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Healthcare On Demand: There’s an App for That

We’ve all been there. You think you might have the flu, and you need to see a doctor, stat. You call your PCP but she’s booked solid for the next three weeks. So you hop in your car and fight the traffic to the urgent care clinic, only to find out there’s an hour-and-a-half wait. …

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Capital Preservation Paul, Part VI

Bull Markets and Bear Markets are such momentous events that they tend to fixate investor attention to the exclusion of more important matters. Most people, for example, would define a “market cycle” with reference to Bulls and Bears. Typically, investors might view a market cycle as extending from the peak of a Bull to the …

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Phipps Celebrates Super. Natural. Exhibit with Opening Night Party

Behind the scenes technicalities of Phipps Conservatory and Botanical Gardens’ latest exhibit, Super. Natural. involved 500 pieces of hand-blown glass that had been meticulously packed into 122 boxes for a cross-country trip from Seattle to Pittsburgh on a 52-foot-long tractor trailer. Once here, it took a core of volunteers and staff three weeks to install …

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Capital Preservation Paul, Part V

So far in our increasingly exciting investment contest, it’s been a positive experience all around. For the first three years the capital markets rose relentlessly: a modestly positive first year followed by two terrific Bull Market years. But things are about to change. Now, in Year 4 of our contest, the good times seem like …

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Haute Wired Gala Toasts Fashion Exhibit

“Iris van Herpen: Transforming Fashion,” the first exhibit of its kind to grace one of the main galleries of the Carnegie Museum of Art, drew 210 guests for the Haute Wired Gala on April 28. The event toasted the final days of an exhibit co-organized by the High Museum of Art in Atlanta and the …

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A Fine Suit of Clothes

You’re never going to see him cross his arms. Why risk wrinkling his suit? You’ll also never see him walking around with scuffs on his shoes, covered in dirt from the last steps he took. No chance he’s going to ruin his soles. Has about a gazillion of them. He likes the suedes. Likes his …

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St. Barnabas Charities Honors Former New York City Mayor

A message infused with leadership, compassion, patriotism and courage punctuated the 45-minutes that former New York City mayor Rudy Giuliani shared with more than 400 guests of St. Barnabas Charities during the 2017 Founder’s Day Celebration. “I’m excited to see him in person,” said Lindsey Senft. “He’s this larger than life person I’ve always seen …

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Marital Secrets

If there is one thing I have learned after being married for 17 years, it is that every marriage has secrets. Anybody who tells you different has never been married. Most secrets can be classified into three categories: Benign: “I don’t see what the big idea is, a lot of middle-aged men collect ‘Hello Kitty’ …

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Capital Preservation Paul, Part IV

Last week we observed how our investment competitors fared as they navigated a boring, so-so market environment. But this week things get more interesting. As we will recall, Years 2 and 3 of our contest were Bull Market years. The equity markets were so strong that even highly diversified portfolios rose 15% in Year 2 …

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