The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
Subscribe to the Flinchum File
View Archives

Welcome to The Flinchum File

I am an Accredited Investment Fiduciary at Bay Capital Advisors, an investment firm headquartered in Virginia Beach, VA. After retiring from Truist Bank, I started this firm to work more closely with a smaller number of clients, and it has been great! Our client load is about 25% of the national average.

Writing is not for the shy or the meek. It exposes a person’s mind and character. I hope you enjoy the view.

On the News Stands


Readers know I also write a quarterly column for Inside Business on the economy and investing.  I enjoy writing it, because it allows me to group subjects that I think are important.  The latest was published yesterday and is on news stands today.  It can also be found at: The columnist does not control what … Continue reading On the News Stands

Good Intentions Are Not Enough


With my interest in health care issues aroused recently, I noticed the Centers for Medicare and Medicaid Services (CMS) just issued their report on 2011 expenditures, reporting that the U.S. spent $2.7 trillion or about $8,680 per individual. That is a whopping 17.9% of the economy, as measured by GDP.  The government’s share of expenses … Continue reading Good Intentions Are Not Enough

Tapping My Fingers . . . Impatiently


I think I took my first course in Principles of Investment in either 1970 or 1971.  At the time, there were two dominant schools of thought.  One was the “fundamental approach” founded by Benjamin Graham and popularized by Warren Buffett.  It emphasized detailed analysis of the company financial statements, especially the footnotes.  Critics allege it … Continue reading Tapping My Fingers . . . Impatiently

Back On The Road . . . to recovery!


Readers know I am endlessly fascinated with the permutations of portfolio management and the impact of myriad economic data on different portfolios, along with the politics that thread them together.  However, those subjects become less entertaining when laying awake at night with your throat burning and your lungs rattling.  It has even been hard to … Continue reading Back On The Road . . . to recovery!

GOP’s New Year’s Resolution


I like Lindsay Graham, the Republican Senator from South Carolina, and agree with him that President Obama has won a great political victory and should, of course, be congratulated on his victory.  Enough said! My New Year’s Resolution should be to attend the next meeting of the Republican National Committee and to nominate Mr. Spock … Continue reading GOP’s New Year’s Resolution

We are a fee-only advisor providing best interest fiduciary services to clients
in Chesapeake, Newport News, Norfolk, Suffolk, Virginia Beach, Williamsburg, and the surrounding areas of Hampton Roads.


Contact Us Bottom