About Ray Schumacher
Ray Schumacher's education in investing began in the summer of 1946 after his discharge from the U.S.
Getting the message, Ray went back to Cornell that fall and graduated in Chemical Engineering in 1948. The next 38 years were spent in manufacturing management with Proctor and Gamble Company in Cincinnati
While his work had no direct connection with the stock market, it did have to do with economic and cost benefit analysis of major capital expenditures related to various aspects of the firm's business. Since this analysis went directly to top management for review/decision, it had to be extremely well thought out and justified down to the last detail.
In 1986 Ray went into retirement with no pension, but with a lump sum Profit Sharing payout. Managing that payout to maximize total return within reasonable limits of risk has been his goal ever since.
His first hand experience in finance, both professionally and otherwise, has been with hands on the tiller. He is the first to admit that in the stock market some of it has been at the expense of costly early mistakes. Style Index Investing is Ray's distillation of these learning experiences.
His personal philosophy that if you start with the right information, apply your own common sense, then recognize and control your emotions while ignoring most of investment advertising and advice, you will come out quite well. In fact, you can win what is often described as a losers game.
In short, Ray has seriously pursued wealth, and been extremely successful with a calm and steady approach designed to assure success over the long term.