There’s ink. Then there’s ink.
Sheridan arbitrageur Doug Dewald is featured in this week’s edition of Barron’s magazine. It’s a terrific read, headlined: “The No Nonsense View from Wyoming.” The story highlight’s Dewald’s career as a straight-forward, conservative (no nonsense) executive with Edward Jones. The story illustrates, too, Dewald’s financial strategies in serving more than 400 clients over a 33- year career. Many family clients are now in their third generation of counseling and service from Dewald who grew up in Montana, played football in college, became a school teacher and then a broker with Edward Jones. He relocated to Sheridan in 1984. The story also gives an insight to the tumult of what’s going on these days in Washington.
“The market doesn’t care about politics,” Dewald tells Barron’s. “The market cares about profits.”
When Dewald began his career with Edward Jones, the market was 1,114; today it is more than 23,000. “It’s a nice little surprise,” Dewald told me Monday night regarding the story. “Barron’s steps out and recognizes what’s going on in Sheridan and Wyoming.”
The Press is one of Dewald’s clients. He calls regularly with updates and to check in; recalls market preferences, remembers personal and familial details, and has an ease and confidence that no doubt serves his clientele quite well.
Fearless prediction: Wait ‘til next year, Dodgers; Astros in seven games.
Dept. of incidental info…..
• Most successful restaurant in the U.S.?
It’s Tao, inside the Venetian Hotel in Las Vegas. Last year, they did more than $42 million in sales, serving more than 226,000 customers. The average check was close to $100. (Not including tip.) It’s 60,000 square feet and features a 20-foot golden Buddha. (Try the hot, fried donuts for dessert.)
Some NFL trivia….
• With free agency in the NFL playing havoc with rosters and fantasy football leagues, it’s noteworthy to recall that during Vince Lombardi’s nine-year run (1959-1967) as head coach of the Green Bay Packers, only 105 different players suited up in the green-and-gold.
Phizer, whose sales and stock have soared from the success of the drug Viagra, has been developing a new faster-acting pill, one that is in pastry form. There will be 30 wafers to a box and they’ll call it, “Pepperidge Firm.”
“I’ve have heard people say that they would like society to be better. But as an individual, what can I do? What you can do is be kind.”
— Bill Russell, NBA Hall of Famer, to the graduating class of Suffolk University, Boston.