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.

Negative Class

10/20/2021

My dog is not classy.  In fact, he has no class.  After all, he’s just a dog.  But zero class is still better than negative class! I was appalled when candidate Trump trashed a personal hero to me, the late Senator John McCain.  Now, I am appalled that the former President trashed another personal hero … Continue reading Negative Class

Q3 Column

10/19/2021

For those who would like to read my quarterly column in “Inside Business,” you can find it here: https://www.pilotonline.com/inside-business/vp-ib-expert-flinchum-1018-20211018-vroi6ciql5df5opycfm4wlfjfa-story.html#nt=pf-double%20chain~top-headlines~feed-driven%20flex%20feature~automated~unnamed-feature~VROI6CIQL5DF5OPYCFM4WLFJFA~2~2~3~4~art%20yes

Fiduciary Nuances

10/18/2021

Most scholars believe The Ten Commandments was written over 2,000 years ago.  However, I believe that, if lawyers and regulators had been writing it, they would still be writing and every tree on this planet would have already been converted to paper. During the Obama Administration, the “Fiduciary Standard” was adopted, and I was a … Continue reading Fiduciary Nuances

Joyous

10/14/2021

Sometimes, you have to push work aside, stop watching the news, prop your feet up and share someone else’s joy . . . When “Star Trek” was a new TV phenomenon, I appreciated the show’s originality but was not impressed by the “pretty-face-actor” William Shatner, playing Captain Kirk. After that role, he was forgettable in … Continue reading Joyous

Creative Rebirth

10/12/2021

One of my favorite economists was Joseph Schumpter, who died 71 years ago.  In my opinion, his greatest contribution was his study of  “creative destruction,” which argued that good things happen when bad things happen.  Inefficient industries would be destroyed and replaced by new, more efficient ones.  You’ve probably already heard someone say that capitalism … Continue reading Creative Rebirth

Translation, Please!

10/05/2021

Few subjects are more vexing than immigration.  My religious training is that we are obligated to feed and clothe the poor.  My military training makes me intolerant of rule-breakers.  My economic training asks how much money for how many people for how long before they start paying taxes?  However, my political experience tells me that … Continue reading Translation, Please!

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