The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
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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.

Sniffing a Crisis ??


Let’s take a look at economic data released in the last few weeks: 1.  Consumer confidence rose again in May.2.  The increased gas prices are not expected to be impact consumer disposable income significantly,3.  Existing home sales dropped 2.5% due to lack of homes to sell, which is a good problem.4.  Home prices have risen … Continue reading Sniffing a Crisis ??

From An Unknown Source


Our flag does not fly because the wind moves it. It flies with the last breath of each soldier who died protecting it! God bless them, every single one!

An Earned Salute


When I was a boy, I remember my father telling me many times I should get a “do-nothing government job.”  It was an extra bonus that nobody could ever be fired in such a job.  That never made sense to me, as I strongly believe that work is good for the mind, body and soul. … Continue reading An Earned Salute



I will not say . . . I told you so.I will not say . . . I told you so.I will not say . . . I told you so. We’ve all seen those new home gadgets from Amazon, called Alexa, which allows the homeowner to ask questions, both big and little, as well … Continue reading HA HA !

Indignation Evolution


I recall writing years ago that “if we are free only to be respectful, then we are not really free at all.”  Yet, I was quite angry when the NFL players refused to stand during the national anthem.  It was disrespectful to a symbol that is intensely important to me.  I reacted too strongly to … Continue reading Indignation Evolution

Look, It’s Alive !


As we witness the highly partisan attacks on such institutions as the FBI and EPA, it is easy to overlook some surprising life in our long-dead Zombie Congress. Last August, the Senate passed “right-to-try” legislation, which permits terminal patients to try unproven drugs.  The House passed it this week, and it goes to the President, … Continue reading Look, It’s Alive !

Fear of Peasants


When I went to China a few years ago, my strongest impression was just how frightened the central government is — afraid of their own people.  That makes the tightest controls on freedom necessary.  After all, with a minimal middle-class, China could have a billion poor people take to the streets — how scary is … Continue reading Fear of Peasants

Rat Poison Squared


Warren Buffett was wrong!  He recommended against buying both Amazon and Google.  He was wrong! So what?  There is also a rumor he might actually be human! One of his primary rules is to buy what you understand.  Who understood Google when they heard about it the first time?  Techies just delight in saying that … Continue reading Rat Poison Squared

Yet Another School Shooting


Gun lovers (like myself) say “This is crazy!”Gun nuts say “This is crazy!” Gun lovers say “There’s too many guns!”Gun nuts say “There’s not enough guns!” Gun lovers say “Conduct real background checks!”Gun nuts say “Background checks give the government too much power!” Gun lovers ask “Does everybody have the right to have guns!”Gun nuts … Continue reading Yet Another School Shooting

Loving the Pampered?


How can anything so routine and mundane put so many smiles on so many faces worldwide?  I’ve been bewildered by this all my life but am finally starting to understand . . . maybe. The British Royal family is arguably the best known family on the list of the world’s ten most pampered families.  Despite … Continue reading Loving the Pampered?

Capital Punishment


I have long urged investors to make sure there is always a custodian (TD, Schwab, Pershing, etc.), because that keeps their advisor honest.  But, I’m increasingly despondent, as I was just reading about yet another Ponzi scheme, based in Boca Raton, stealing $1.2 BILLION from 8,400 investors, mostly in Florida and Colorado. It is a … Continue reading Capital Punishment

In the beginning . . .


. . . there was Benjamin Graham, the father of investment management and author of the dryly titled Security Analysis.  He was the mentor for Warren Buffett.  Graham advocated a “bottoms-up” approach to investment management, which requires exhaustive analysis of all financial statements, physical inspection of all facilities, and probing interviews with senior management.  The … Continue reading In the beginning . . .

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