The Philosophical Investor's Blog

R.I.P. Bill Williams

RIP Bill Williams 1932 - 2024

The world lost a force of nature in the passing of Bill Williams last week. Bill co-founded CWS in 1969 with Jim Clayton after the two of them met at an Indian Guides outing, and both came to learn that they had read the same book about how to create wealth in real estate.

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Just A Shot Away

Gary Carmell 37 Years with CWS Anniversary

I recently completed my 37th year at CWS. It’s been quite a journey. So many life changes have taken place during my tenure here as well as gaining invaluable business experience, forming wonderful relationships, saying goodbye to people who have sadly passed,

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The Gift of You - Now And In The Future

The Gift of You

When I wrote my book, the target audience was deep pockets and deep thinkers. My choice of blog subject tends to oscillate between the two. This week caters more to the latter than the former.

The Gift of You

When one has gained clarity about what gifts one can offer the world and then designs one’s life to utilize them in ways that benefit others,

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It Is Time

Interest Rates It is Time

In The Lion King there comes a pivotal moment when Simba has to claim his rightful place on the throne and confront Scar. His mentor/guardian Rafiki reacts to this crossing of the threshold by Simba with the line “It is time!”. This is how I feel about Jay Powell and the Fed in terms of cutting interest rates.

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There's No Debate: Perception Creates Reality

historic presidential debates

I am a firm believer that perception is reality for most people. It’s for this reason that I don’t like to wade into politics because, in the words of Paul Simon, “A man sees what he wants to see and disregards the rest”. Another way of saying this is that people make up their minds first and then look for reasons to confirm their beliefs and ignore those that contradict them.

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A Curiouser and Curiouser Housing Market

A Curiouser and Curiouser Housing Market

For, you see, so many out-of-the-way things had happened lately that Alice had begun to think that very few things indeed were really impossible.

—Chapter 1, Down the Rabbit Hole

The impact of higher mortgage rates has definitely thrown a wrench into the typical cause-and-effect relationship between rates and home prices.

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A Tale of Two Surveys

Tale of two surveys Household Survey

Now, I go down to Speaker’s Corner, I’m thunderstruck

They got free speech tourists, police in trucks

Two men say they’re Jesus, one of them must be wrong

Industrial Disease by Dire Straits

Interest rates came down quite a bit and then shot up after the non-farm payroll report was released on Friday,

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R.I.P. Bill Walton

Bill Walton

The world lost a giant of a man and personality with the passing of Bill Walton last week. He was 71 and his death caught so many people by surprise as he kept his battle with cancer very quiet.

I have written in the past about Walton.

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The Power of Smile

Gary Carmell Smile

Nine-mile skid on a ten mile ride, hot as a pistol but cool inside

Cat on a tin roof, dogs in a pile

Nothin’ left to do but smile,

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Guided by Beauty - R.I.P. Jim Simons

Jim Simons James Simons

Harmony and me

We’re pretty good company

-Elton John and Bernie Taupen

One of the greatest investors of all time and brilliant minds passed away last week.

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