Published on 7 years, 3 months ago
I’ve learned a lot of stuff in my life—from the principles of neurosurgery to the intricacies of cryptocurrency.
Some of this stuff is pretty complicated…at first. But, I’m going to let you in on a l…
Published on 7 years, 3 months ago
Leverage in the form of bank debt is a double edge sword.
Obviously, consumer debt to buy things like televisions and mall junk can only be negative in the financial sense.
However, using debt to buy…
Published on 7 years, 3 months ago
Man am I tired of hearing people with a lot less money than me giving financial advice. I have to actively suppress my temper when someone forwards me an article full of misinformation that someone, …
Published on 7 years, 3 months ago
A few conversations I had with investors over the last week got me thinking that we need to talk about some basics again.
First of all, let’s start with why I generally prefer to own an asset (either…
Published on 7 years, 3 months ago
When I was in high school, I remember taking my first political science course. That was the first time I learned the political meaning of conservative or liberal.
Up to this point, I had viewed thos…
Published on 7 years, 4 months ago
The prefrontal cortex is the CEO part of the brain. It is involved with personality, decision making, and moderating social behavior including impulse control and risk taking.
You may not be surprise…
Published on 7 years, 4 months ago
I remember being a kid in the back of my parents’ car on long driving trips to Wisconsin—we used to go to a place called Wisconsin Dells which is kind of a “Las Vegas for children”—lots of water park…
Published on 7 years, 4 months ago
The other day, I was listening to the radio and heard that protesters were outside of JP Morgan Chase Manhattan CEO Jamie Dimon’s house protesting the bank’s investment into facilities that were used…
Published on 7 years, 4 months ago
One thing I’ve learned in life is that someone is always ready to tell you why something can’t be done and usually they are wrong.
I had that happen with my first accountant. Years ago, I was reading…
Published on 7 years, 5 months ago
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