Gary Carmell
Long-time readers know I have written about insights and epiphanies I have had on the tennis court in the middle of a match. These have not only helped me improve my mindset and recovery from setbacks on the court but also have great applicability off the court.
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Gary Carmell
Last week was so devastating for those who lost their homes in the LA fires. This satellite image and analysis done by Microsoft of an area of Pacific Palisades shows over 2,000 buildings that were damaged or destroyed, with the vast majority being residential.
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Gary Carmell
The new year has already brought new insights and applied knowledge. And, just like in 2024, some of these have come from being on the tennis court in the middle of a match. A few weeks ago I wrote a blog about lessons learned from a book I had read and recommended for our CWS annual planning meeting participants.
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Gary Carmell
It’s abundantly clear from research, and the obvious fact that humans are social beings, how important it is to have regular social interactions. I recently read an article about how people should prioritize this as much as their physical health and nutrition.
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Gary Carmell
Last week was a very bad week for the bond market, with some reprieve on Friday after a better-than-expected inflation report. This is a 5-day chart for the 10-year Treasury. Yields shot up by 0.20% after the Fed cut rates on the 18th and in the aftermath of Jay Powell’s press conference.
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Gary Carmell
I felt a little foolish posting this late after the August 2014* announcement that Steve Ballmer was buying the Clippers for $2 billion since I first wrote this draft in the aftermath of the whole Donald Sterling racist diatribe people thought he would “only” get $500 million or so.
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Gary Carmell
Last week was definitely one that made me want to travel less and less. I had meetings in New York City on Thursday so I needed to be there by Wednesday night and then head back home to Orange County on Thursday evening. United has a non-stop from John Wayne to Newark which is really convenient.
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Gary Carmell
One of my favorite podcasts is Founders. The creator of the podcast has come up with a number of maxims from all of the books that he has read and summarized to draw inferences that apply across the lives of many Founders.
One of them is belief occurs before ability.
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Gary Carmell
But the initiate must have the ability to judge every new experience wholly according to what is inherent in it, and let it react upon him, unobscurred by the past. We must be prepared at every moment that every object and every being can bring to us some new revelation.
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Gary Carmell
A few months ago, we started the process to refinance a few of our variable-rate loans into 7-year, fixed-rate loans. The fixed rates are based on the 7-year Treasury plus a spread which has been in the range of 1.50%. Here is a chart of the 7-year Treasury that goes through September 16th.
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