Terms and Conditions of Use


Use of This Site:

This site is intended to be used as an INFORMATIONAL RESOURCE ONLY and is NOT intended to provide you with with any financial, investment, legal, accounting, or tax advice, nor should it be relied upon by you in that regard in any manner whatsoever.   Nor is it an offer or recommendation to buy or sell securities.   The purpose of this site is simply to provide information about Madrone Investment Advisory, LLC ("Madrone") and provide you with a means to contact us.   You agree that this site shall be used entirely at your own risk, and agree that no legal or other professional relationship is formed between Madrone, or Michael H. Zaidlin, and you, nor will you rely on the information within this site.

In particular, this site shall not be used by you, or relied upon by you, as a substitute for your own due diligence and independent research, or as a substitute for professional advice that is provided to you based solely on a written agreement between you and Madrone.  Madrone cannot and does not guarantee or insure the accuracy, completeness, or authenticity of the site content and information therein.

Madrone, and Michael H. Zaidlin, is a registered investment advisor in the State of California, located in San Rafael, California.    The presence of this website on the Internet does not suggest, imply, or in any way represent that this firm provides investment advisory services to non-California residents, nor is this website intended to be construed as a solicitation of investment advisory clients outside of California.

By using the Madrone website, you represent that you are at least 18 years of age and agree to be bound by the following terms and conditions, as amended from time to time.  We reserve the right to amend, add to or remove provisions from these terms and conditions at any time by posting changes thereto in this website. Your use of this website after such posting signifies your consent to the amended terms and conditions.

The information or materials contained in this website are subject to change at any time by Madrone without prior notice. This site is not intended for distribution to or use by any person in any jurisdiction or country where such use or distribution would be unlawful. Madrone makes no representation that materials in this site are applicable to or appropriate for use in locations outside of the United States of America.

Privacy Policy

Madrone does not collect any personal information from those who merely visit or browse our site. Personal information is collected if the visitor sends us an email message.  The information provided in an email message will only be used to respond directly to the visitor's inquiry. This information will not be sold to, or otherwise provided to, outside unaffiliated parties.   

We are sensitive to the fact that individuals are routinely bombarded with unsolicited emails from web sites they have visited, or information they have sent via an email.  Our policy is to respond to an email inquiry by replying to that email and providing the information requested.  We do not follow up with further unsolicited emails, phone calls, or snail mail, unless the recipient has directly indicated a desire for us to do so.    

You understand, acknowledge and confirm that the Internet is not a secure medium where privacy can be assured, nor can complete confidentiality and security be guaranteed.  Madrone cannot be responsible or liable for any harm you or any other person may suffer in connection with any such breach of confidentiality or security that results from your use of this website.

This website contains links to various sites that are not affiliated with Madrone.  Such links are provided because we believe they may contain information that may help you achieve your financial goals. However, we do not control these sites and bear no responsible for the accuracy of the content on those sites, nor can your privacy on those sites be protected. 

Ownership, Copyright, and Restrictions on Use

This site is copyrighted © 2011 and all rights are reserved.  All logos, trademarks, trade names, and materials comprising this website are owned by Madrone.  The material and software applications on this website are intended only for your personal or internal business use, and may not be copied, modified, distributed or posted without our prior written consent. No title or intellectual property rights are transferred to you through your use of this website. Madrone's logo is a service mark of Madrone and the names and marks herein are trade or service marks of Madrone and\or it’s affiliates.

Third Party Content

Madrone may provide links to articles written by independent third parties and is not responsible for materials on this website that are prepared or provided by those parties.  The inclusion of any site acknowledgements, or identification of any person or entity in this site, or any hypertext link to another person or entity’s web site shall not be construed as, nor is it intended to be, an endorsement of such party’s web site, products or services.  Such links to third parties are solely intended to be used for informational purposes only, and shall not be relied upon in any manner.

Disclaimer and Limitation of Liability

The information contained in this website has been prepared or obtained from sources reasonably believed to be reliable, but no representation or warranty is made that such information is accurate, reliable, complete or timely, or that such information will be continuously available. Further, no representation or warranty is made that this site or its server are free of viruses or other harmful or extraneous code. 


These terms and conditions shall be governed in all respects by the internal laws of the State of California.  Any legal action or other legal proceeding relating to these terms and conditions of the Madrone website shall be brought exclusively in a state or federal court located in San Francisco, California, and both Madrone and you expressly and irrevocably consent and submit to the jurisdiction of such courts.

These terms and conditions, as amended from time to time on this website, constitute the full and entire understanding and agreement between Madrone and you with respect to your use of the website, and may not be amended or waived orally or through a course of dealing, or in any manner.   In case any provision of these terms and conditions shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Disclaimer of Risk

Investing in financial instruments or products, including stocks, bonds, commodities, and other products, always involves risk, including the risk of complete loss of principal.  There is no guarantee that your principal will be safe when making any investment, even investments that appear to be extremely safe, or have historically been safe.   In addition, inflation can reduce the value of the principal that is returned to you, making your money worth less than it was when you invested it. In particular, past performance is no guarantee of future performance.     

IRS CIRCULAR 230 NOTICE: To the extent that any information within this website concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law.