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Living Dangerously

Despite the improvement in the region’s air quality in recent years, southwestern Pennsylvania still fails to meet federal health-​based standards for various major air pollutants, such as ground-​level ozone, sulfur dioxide and fine particulates, known as PM2.5. And that regional pollution elevates risks of cancer, respiratory ailments and other serious…

Does Air Quality Matter to Young Workers?

by Mike Wereschagin
As their due date neared last fall, Ryan Poling and his wife faced a difficult decision. Did they want to raise their daughter in Pittsburgh, the city in which they’ve built a life during the last nine years, or pick up and move across the country, near Poling’s family in…

Building the Buzz

by Deborah Weisberg
On a brisk October morning, Dr. Bill Bookwalter dons a billowy, white beekeeping suit complete with veil and hikes up a hill behind his Fox Chapel home to harvest honey. Most days, you’ll find him in surgical scrubs, but during his downtime, Bookwalter, a neurosurgeon, practices apiculture: he maintains colonies…

A Friend Indeed

In 2012, PNC Marketing specialist Shannon Tremblay brought her beagle mix, Crockett, to Animal Friends to have it neutered and take part in their puppy kindergarten program. “I just fell in love with the place,” says Tremblay. “There was something really special about what they were doing, and I knew…

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.

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.…

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.

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.

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.

Value Investing: Putting Time on Your Side

“All things excellent are as difficult as they are rare.” Throughout my 17 years watching markets and investing on behalf of high-​net-​worth individuals, families and organizations in the Pittsburgh area, I’ve never found this quote from legendary investor Benjamin Graham to be more appropriate.

Capital Preservation Paul, Part III

Last week we asked Mr. Market to establish the playing field for our investment contest. This week we’ll check in to see how our contestants are faring.

Capital Preservation Paul, Part II

On the last day of March, we launched our own, far more interesting version of March Madness, namely, an investment contest. Our contest features the Investing Final Four, that is, the four main kinds of investors I’ve encountered in a long and checkered career in the financial advisory business. But…

Capital Preservation Paul

I’ve been in the business of advising wealthy families for 40 years. (Actually, it’s been longer than that, but I’ve reached the age where everything gets rounded down.)

Local Artists: Struggling, But Not Starving

Most Pittsburgh artists are getting by financially but find it difficult to make a living off of their art alone. And African American artists are much less likely than their white counterparts to rely on their art as their sole means of support, according to recent survey.

China: The New Normal

“All is flux, nothing stays still.” –Heraclitus (540480 BC). China in 2017 only vaguely resembles the China I described in a 2006 overview for Pittsburgh Quarterly. Few countries have ever changed so much in such a short period. Sit back, because it is time to rethink what you need to…
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