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Mark Richards

The Richard Bach quote is close...

Should be:

“What the caterpillar calls the end of the world, the master calls a butterfly.”

All beautiful sentiments!

Chip Dickey

I have enjoyed your posts. I just found your site. I look forward to reading more in 2010. Happy Holiday and Have a Very Happy New Year!

Kent @ The Financial Philosopher

Mark & Chip:

Thank you for adding life to the post with your comments. I look forward to hearing from you in 2010...


Kent @ The Financial Philosopher

If you get a chance, this post from The Kirk Report is well worth a read for a warm, wonderful reflection of life and virtue:


Cheers to all...


Jeffrey Jones

Hi Kent,

I discovered the site randomly (via The Big Picture, I think) in early November and have been following it since. I remember reading the post on Viktor Frankl and man’s search for meaning. It really stuck with me.

We’ve managed a family of hedge funds for about 25 years now. We’re relatively small, only about $100 million under management, a lot of which is our own and families’ money. But over the years we’ve found that the investors who have been with us for the longest are – like us – people who truly understand who they are as an investor and have similarly unique wants and needs from an investment.

Of course, as a hedge fund, we are really restricted in marketing and communication. But back in July we finally launched a public newsletter as a way to extend certain aspects of that investment conversation beyond our tightly-knit network of clients. Our newsletter is not explicitly focused on “financial philosophy”, but upon reflection, I notice that has indeed been a mild undercurrent in many of our newsletters.

Whenever I talk to people about investing or what I do for a living, I always find myself suggesting that they first embark on a process of self discovery and introspection rather than giving specific recommendations on what to buy or sell. Only after understanding oneself can one even begin to consider the type of investing to pursue. In most of these conversations I get the sense that the person I’m talking to walks away unsatisfied, disappointed, or even baffled, but every so often I find someone that really responds to that type of discussion about investing.

Your recent post on where to invest in 2010 reminded me of a newsletter (linked below) which I wrote back in September where I really felt like I asked many more questions than I answered. I was worried it would turn our readers off, but instead I received a bunch of positive feedback from the article and was thrilled that there were people receptive to that message.

Discovering your website has been something of an inspiration, a reminder to not lose sight of that theme. It’s something of a goal of mine for 2010, to balance the useful practicality of our commentary with encouraging investors to continue down that path toward existential meaning and self-understanding.

Keep up the great work,

Jeffrey D. Jones


Kent @ The Financial Philosopher


Thanks for the thoughtful comment and generous compliment!

It is certainly a challenge for an Adviser to give investors what they really NEED as opposed to what they think they WANT. The greatest clients are those that appreciate an Adviser's candor and guidance.

Self-knowledge is by far the greatest knowledge, although it is the most difficult to teach. Self-discovery is exactly as it sounds -- discovery of (and by) the self. With that said, however, anything that is not in motion must first be moved by something else. The Adviser is the "first mover" and the client must then pursue self-acquaintance. In fact a psychologist can often be a wonderful means of beginning this self-discovery.

Thanks again...


How to Relieve Stress

I thought the quote about the butterfly had and error as I had read it somewhere else before, so am glad that you corrected it to be the caterpillar, not the butterfly. It's a beautiful quote anyway.

One of my favorites is Gandhi's about being the change we want to see in the world. That is powerful.

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About Kent Thune

  • Kent Thune is a wealth manager, a writer and a philosopher... Read More


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