Grey Value Management

This page is dedicated to the discussion of topics pertinent to investing in the most general sense. Its content may include articles or editorials previously published or distributed. It is, in short, the venue I utilize to speak not necessarily about specific investments or strategies, but broader topics impacting the aforementioned as well as the world in general. The content is organized by title, each of which also functions as a hyperlink to a PDF of the actual document.

The Alpha Bet

The Most Dangerous Myth

Of Bolshevism and Bull Markets

Disclaimer

Grey Value Management LLC is providing this Site for informational purposes only. Nothing on this Site is intended to constitute financial advisory, legal, tax, accounting or other professional advice to you or any other party, be an opinion of the appropriateness of any investment, or constitute an offer to sell or solicitation of an offer to buy any security or investment. The content on this Site is intended for general informational purposes only and should not be acted upon without first obtaining financial advisory, legal, tax, accounting or other professional advice from a licensed professional with regard to your own personal investment objectives and needs.

The content is provided on an "as is" and "as available" basis. While Grey Value Management attempts to maintain the accuracy and completeness of the content, Grey Value Management does not represent or guarantee that the content, including the information, text, graphics, links or other items contained on this Site, is accurate, adequate, valid, timely, or complete. Certain of the content contained on this Site has been obtained from third-party sources, which Grey Value Management believes to be reliable, but no representation or guarantee is made as to the accuracy, validity, timeliness, completeness or suitability of such third party content. The content is the property of Grey Value Management and/or its vendors and/or other third party sources, and is protected by copyright, trade secret and other intellectual property and proprietary rights.

Grey Value Management does not make any warranty of any kind whatsoever, express of implied, regarding the content including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement. Grey Value Management expressly disclaims liability for any losses, damages (including indirect, incidental, special, punitive or consequential damages), costs or expenses relating to the adequacy, accuracy, validity, timeliness, completeness or use of the content contained in this Site, even if notified in advance of the possibility of such. Without limiting the foregoing, the disclaimers of liability contained herein apply to any and all damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft, destruction or unauthorized access to, alteration of, or use of any asset, whether for breach of contract, tortious behavior, negligence or under any other cause of action. While Grey Value Management makes no commitment to update the content, it reserves the right to make changes and corrections at any time, without notice.

Grey Value Management also is in no way responsible for the content or services of any site owned by a third party that may be linked to this Site, whether such link is contained on this Site or provided by a third party. No judgment or warranty is made with respect to the accuracy, timeliness, or suitability of the content or services of any site to which this Site may link, including, information on such site regarding Grey Value Management, and Grey Value Management takes no responsibility therefor. By providing access to other web sites, Grey Value Management is not recommending or endorsing the purchase or sale of any security issued by, or financial or other services provided, issued or endorsed by, such web site's sponsoring organization or advertisers.

The content or any portion thereof may not be stored in a computer, published, rewritten for broadcast or publication or transmitted or redistributed in any medium without prior express written permission from Grey Value Management, except that users, for their sole personal use and information, may access, use and store the content solely for their own personal purposes. Grey Value Management is not liable for any delays, inaccuracies, errors or omissions in the material or in the transmission or delivery of all or any part thereof or for any damage arising from any of the forgoing.

This Site may contain both historical and hypothetical performance. Historical performance may not be repeated in the future. Hypothetical performance does not represent actual trading, has certain inherent limitations, and may differ from performance actually achieved. Accordingly, you should not rely on or view any past or hypothetical performance information as a representation or guarantee of future investment performance. Performance information is net of applicable advisory fees and expenses and assumes reinvestment of income. This Site contains further important disclosures about performance, including hypothetical performance, that must be read carefully in conjunction with such performance. No representation is made that any advisory client of Grey Value Management will or is likely to achieve results comparable to those shown on this Site or will make any profit at all or will be able to avoid incurring substantial losses.

This Site may contain financial indices. The indices shown are unmanaged, assume reinvestment of income and do not reflect the impact of any management or performance fees. The instruments traded by Grey Value Management or any other product are not limited to the instruments comprising any one index. There are limitations in using financial indices for comparison purposes because of the foregoing and because such indices may have different volatility, credit and other material characteristics.