The Advocates 7-29-09

“The Advocates”


Richard J. Garfunkel

 WVOX – AM Radio 1460- 12 Noon Wednesday

July 29, 2009

All archived Shows at:


Wednesday, July 29, 2009, at 12:00 Noon, I am hosting my show, The Advocates on WVOX- 1460 AM, or you can listen to the program’s live streaming at One can call the show at 914-636-0110 to reach us on the radio.  Our guests are Jay Rosenberg and Malcolm Gissen. Our subject is “Surviving in the new American economy.”


Jay Rosenberg is the Principal and Chief Investment Officer of Arrival Capital Management LLC. He has been a finance and legal professional for the past twenty years, as well as an active investor. He holds JD (law)and MBA (business) degrees from Columbia University, where he studied value investing, behavioral finance, and valuation techniques from some of the foremost practitioners and academics in the field.


Mr. Rosenberg has served in government, as both a federal law clerk and as Deputy Chief of Staff for the Deputy Mayor for Finance and Economic Development of the City of New York. He has also been the Capital Finance Director of a publicly traded education management corporation. He graduated Magna Cum Laude from the University of

Pennsylvania, where he studied economics and history. Jay grew up in New York and New Jersey, and graduated from the Horace Mann School. He now resides in Manhattan with his wife, Lilli, and three children.


Malcolm Gissen, a native New Yorker, who grew up in Mount Vernon, NY, has operated Malcolm H. Gissen & Associates Inc., an investment advisory firm in San Francisco, California, since its founding in 1985. The firm manages money for affluent individuals and for retirement accounts.


Three years ago Gissen and the firm's Chief Investment Officer founded the Encompass Fund, a SEC-licensed open-ended mutual fund. The Fund can invest in any sector of the market the manager’s desire. Since its inception, the Fund has emphasized metals and energy companies, but it invests in many different sectors, in companies of all sizes and in many Canadian mining companies. The Encompass Fund has gained 79% this year to rank among the top 10 funds out of the 18,000 mutual funds tracked by Morningstar. Gissen is a graduate of Case Western Reserve University and the University of Wisconsin Law School.


Meanwhile, the mission of The Advocates is to bring to the public differing views on current “public policy” issues. “Public policy,” therefore, is what we as a nation legally and traditionally follow.


One can find my essays on FDR and other subjects at One can also listen to all of the archived shows at: Our guests next week will be Steve Lamoreaux and Gary Leogrande revisit regional real estate, reverse mortgages and the changes they have seen over the last 15 months. One can find all of The Advocates programs archived at


Richard J. Garfunkel

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