A little silver for me as I pass 25 years with Al Frank Asset Management while it’s coral or jade for the newsletter as we celebrate our 35th anniversary this month. No doubt, much has changed since Al Frank banged out the inaugural edition of TPS with his 10-inch carriage pica typewriter on March 12, 1977, but the words he penned on the occasion of the newsletter’s first anniversary in March 1978 still ring true. The Zen Master of Money, as Al would be dubbed many years later, said, “The great gains and losses seem to occur in consequence to individual psychology.” He expanded, “The gaps between theory and practice, decision and action, spectating and speculating, require constant vigilance and effort, so that the resolution of these gaps can lead to peace of mind and profit. There is no end to reviewing dogma, received opinion and semantics, which can lead us astray in our analyses, and contribute to stress and distress in playing the market.”
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