The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

02 December 2009

A Death in the Family

Back in 1997 (the prehistoric days of the Internet), I emerged ever so slowly from my self-imposed exile. And as I climbed out of my rabbit hole, I somehow found my way to George Gilder's Technology Forum (the GTF, as we called it back then).

I began posting, infrequently at first but ultimately a cascade, each post signed only as 'dmg'. I felt comfortable at the GTF, like I was at home, due chiefly to the warmth and camaraderie I felt while there. We trusted each other, we merry band of regular posters who converged at the site daily, to mingle, interact, be friends: Roger Austin, Fay Voshell, Allan Harris, Tom Burger, Fred Moreno, Scott Grannis, many whom I forget or neglect to name, including many of you readers... and Gene Prescott.

Allan Harris
has just shared the horrifying news that Gene Prescott's son died a few days ago. By suicide. The partial obituary...

Jason Hill Prescott, 40, died Saturday, November 28, 2009.

A funeral service will be conducted Wednesday at 11 am in The Memorial Baptist Church, by his current and former pastors. Burial will follow at Greenwood Cemetery.

A native of Greenville, Jason was a graduate of J.H. Rose High School. He received a BSBA degree in accounting from Appalachian State University in 1991 and became a CPA in 1994. He began his accounting career at Overton’s, Inc., in 1991. In 1993, Jason joined C. Eugene Prescott, CPA, his father’s firm, where he later became a partner. In 2005, he joined Bill Clark Homes as Controller.

Jason’s professional affiliations included American Institute of CPAs, the North Carolina Association of CPAs, and the Coastal Plains Chapter of the NCACPA. He served on the AICPA Tax Division’s Member Tax Practice Improvement Committee, the AICPA Top Ten Technologies Tax Force, the AICPA Tax Division’s Tax Technology Committee, and the Coastal Plains Chapter of the NCACPA Continuing Education Committee. He was a co-presenter of technological programs at tax and computer conferences for the AICPA, the Virginia Society of CPAs, and the Coastal Plains Chapter of NCACPA.

A life-long member of The Memorial Baptist Church, Jason served in various capacities including the Diaconate, the Royal Ambassadors, the Technology Committee, the Financial Review Committee, and the Stewardship Committee. He was currently serving as an active member of the Administrative Deacons, the Audio Visual Task Force, and the Finance Team, to which he dedicated much of his time and energy and was its incoming Chair for 2010. He also enjoyed volunteering with the Baptist Men’s Disaster Relief efforts.

Jason was an avid NASCAR fan, who along with his wife Ruthi developed many meaningful friendships with fellow fans around the country. He also enjoyed biking, church league softball, and water sports at the family’s cottage at Bath.

The family will receive friends Tuesday from 6 to 8 pm at Wilkerson Funeral Home and at other times at 1416 Addison Court, Windsor (Subdivision), and 106 Williamsburg Drive, Lynndale.

In lieu of flowers, memorial contributions may be given to the Operating Fund of The Memorial Baptist Church, 1510 Greenville Blvd., SE, Greenville, NC 27858.

On-line condolences at

Gene's e-address:
I sit at my desk, floored by disbelief. Do you recall all the stories Gene shared of his family, friends, and church? His fall from the ladder? His plea for financial help in the wake of Hurricane -- ? Each of Gene's posts were imbued with his love and trust in life, family, and church. I suspect that Gene, who always somehow landed on his feet, is distraught and bereft right about now.

Please, those of you who remember Gene, take a moment now to send your condolences. Remembering Gene for the (Southern) gentleman he was always, I bet he would appreciate hearing from you at any time, but especially now.

Full Disclosure
: Long sadness.

-- David M Gordon / The Deipnosophist


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