The Coteau 12/12

The Coteau  The View from Bannerstone Capital        by Biff Robillard     Mao, Calculus 101 and Mark Carney   “Success is the ability to go from one failure to another with no loss of enthusiasm”   –W. Churchill   Well, it’s over. I’m not talking about the election. I’m talking about summer. I was out on Read More …

The Coteau 8/12

The Coteau The View from Bannerstone Capital  by Biff Robillard       Thorstein Veblen, Curiosity and Dr. No                             Why is there something rather than nothing?      —G. W. Leibniz   It sure beats war. The Olympic Games, I mean. When I reflect on the many things the Games represent I just have to conclude that Mankind is Read More …

The Coteau 6/12

 The Coteau The View frome Bannerstone Capital by Biff Robillard   Russell Napier, Steve Jobs and the Paradox of Thrift    In times of rapid change, experience could be your worst enemy.      — J. Paul Getty    The good news is we didn’t buy any Facebook on the IPO. The bad news? Well… Whether you Read More …

The Coteau 2/12

The Coteau   The View from Bannerstone Capital by Biff Robillard   Dark Matter, 2400, and Ed Seykota   “What then is time? If no one asks me, I know what it is. If  I wish to explain it to him who ask, I do not know.”–St. Augustine I can’t bring myself to dissect the Euro Read More …

The Coteau 12/11

Vol. 4, No.3                 November 2011 Walter Rathenau, Shays’ Rebellion and Erythrophobia “Countries don’t go broke.”  Walter Wriston (1919-2005)   Chairman, Citicorp 1967-1984 Wanna bet? Last September, Germany was celebrating its 20th year since the astonishing and once-unthinkable reunion of East and West. Der Spiegel, at about the same time, reported the country was also marking the Read More …

The Coteau 6/11

The Couteau The View from Bannerstone Capital    by Biff Robillard “The thing is, what matters after all, is the way it sounds.” Ray Charles Alaska may be the Land of the Midnight Sun, but Minnesota does pretty well on this one despite being among the Lower Forty Eight.  This week’s summer solstice was accompanied by my Read More …

The Coteau 1/11

  The Coteau The View from Bannerstone Capital by Biff Robillard   Spike Milligan, Albert Einstein and Akrasia “I told you I was ill.” Epitaph on the grave of Spike Milligan, BBC Radio’s The Goon Show Sometimes you get it right. It happens in fishing, for example. Fishing, like picking stocks, is above all a Read More …

Vol. 3, No. 3 October 2010

The Coteau  The View from Bannersone Capital by Biff Robillard October 2010                      The Ideal Gas Law, Sidney Homer and Elaine Miller of Almost Famous  “Be bold and mighty forces will come to your aid. Goethe said that.”                        William Miller’s mother Elaine, in Almost Famous I have immense confidence in the eternity of the Read More …

Vol.3, No.2 June 2010

The Coteau    The View from Bannerstone Capital by Biff Robillard The Nixon Shock, Mother Duck Logic and Lord May of Oxford “An emotion is the psychosomatic form in which man experiences his estimate of the beneficial or harmful relationship of some aspect of reality to himself.”                                                                                                                                                                                             Nathaniel Branden Ducks can teach us something. After a year Read More …

Vol. 3, No. 1 March 2010

The Coteau The View from Bannerstone Capital  by Biff Robillard   Vol. 3, No. 1                                                         March 2010    Jesse Livermore, Honeybees and Paul Volker  “The waiting is the hardest part.”   Tom Petty   We are coming up on 365 days since the market low last March. I don’t know how you define the quality of a Read More …