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Month: May 2016


  • Iron Capital Perspectives
  • First Quarter 2016
  • Chuck Osborne

Be Careful What You Ask For

I have a confession to make. I found myself at the end of the first quarter of 2016 needing to write a newsletter and for the first time in memory I had no idea what to write.


  • Iron Capital Perspectives
  • Fourth Quarter 2015
  • Chuck Osborne

True Value

Dorian Gray is a fascinating character. For those who can’t quite place him, he is the guy who had a magical self-portrait. He stayed young while his portrait aged As long as he did not look at his portrait he could do whatever he pleased without ever facing the consequences.


  • Iron Capital Perspectives
  • Third Quarter 2015
  • Chuck Osborne

Thinking Outside the Box

A few years back I had the pleasure of meeting Emanuel Derman. A pioneer in the movement of physicists migrating to Wall Street, Derman was there when investors started using sophisticated mathematical models to make investment decisions. Derman has a Ph.D. in theoretical physics from Columbia University and had been a scientist at Bell Labs before…


  • Iron Capital Perspectives
  • Second Quarter 2015
  • Chuck Osborne

Stupid Is as Stupid Does

The team broke huddle and came to the line of scrimmage. Their star quarterback, Osborne, took the snap and dropped back to pass.