Blog Archives

Winner Take Most – Can Firms Gain a Large Share of the Market?

Google Firms

Income inequality has many economic and societal impacts. When more wealth is concentrated in fewer hands, this can negatively impact aggregate demand as a large percentage of marginal dollars earned are saved versus spent. And since one person’s spending is another person’s income, a growing pool of savings will lower aggregate demand unless one or more sectors of the economy spend more than it earns as output will go unsold and have to be marked down for it to clear.

Read more ›

Posted in Advice, Apartments, Economy, Manufacturing, News, Trends, Uncategorized, Wealth


Zero Sum Thinking – Winner Take All

It’s pretty clear that Donald Trump views virtually everything from the prism of winning and losing. And every issue is looked at with a very short term horizon. There does not appear to be any satisfaction derived by developing a long-term strategy, methodically implementing it, and seeing the seeds planted blossom into a beautiful garden that is sustainable and beneficial to all.

Read more ›

Posted in Advice, Economy, Interest Rates, Investing, Manufacturing, News, Retirement, Stock History


The Gift of You – Now And In The Future

Gift GuitarWhen I wrote my book the target audience was deep pockets and deep thinkers. My choice of blog subjects 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,

Read more ›

Posted in Advice, Investing, News, People


Pedigree or Motivated Outsiders – Who Makes the Best Money Managers?

pedigree-or-motivativated outsiders

Carl Icahn has clearly done enormously well over the years in compounding capital through his highly aggressive, activist approach to investing. He is not shy about expressing his opinions, sometimes in a Trumpesque manner, to call out underperforming management teams, changes he thinks they should make to increase returns to shareholders and the performance of the business,

Read more ›

Posted in Advice, Economy, Investing, News, Trends, Wealth


Fanatics, Emotions, and It’s Impact on Your Decision-Making

emotions Gary Carmell

With the college football NCAA National Championship game taking place on January 9, 2017, I thought it would be apropos to write about a fascinating study about how emotions can negatively impact people’s lives when decisions are made. The paper is called Emotional Judges and Unlucky Juveniles.

Read more ›

Posted in Advice, Economy, Investing, News


Rand, Soros, Munger, Dalio, and The Founding Fathers

Rand

Like most people, especially investors, I’ve been wondering about whether there is a philosophical prism through which Donald Trump sees the world other than through deals and negotiations. In business, especially in real estate, there are often objective outcomes to shoot for to know if you are winning,

Read more ›

Posted in Advice, Economy, Investing, News, People, Trends


Bob Dylan – Blowin’ in the Wind My Variation on His Lyrics

Bob Dylan Blowin' In The Wind

With Bob Dylan having been awarded the Nobel Prize for Literature over the weekend I thought I would honor him by being very self-indulgent and creating my own lyrics to Blowin’ in the Wind. I have often found that taking the time to figure out the most important questions to ask can be more mind expanding and powerful than just focused on getting answers.

Read more ›

Posted in Advice, Economy, News, People, Personal, Uncategorized


Right Speech: The Power of Words in a Post Literate World

Truth Speech

I was struck by the powerful insights set forth in an article I read recently on Bloomberg. The premise is that Donald Trump is the first post-literate President. Prior to the written word, and I would also add subsequently the printing press,

Read more ›

Posted in Advice, News, People, Trends, Uncategorized, Wealth


How Did We Get Here? Life Post Election

Election

“The only way to make sense out of change is to plunge into it, move with it, and join the dance.”

-Alan Watts

David Byrne famously sang “Watch out, you might get what you’re after” in Burning Down the House.

Read more ›

Posted in Advice, Economy, Interest Rates, Investing, News, Trends


Fed – Do You Feel Lucky? Markets – Make My Day!

In the famous opening and ending scenes of Dirty Harry, Clint Eastwood’s character asks the cornered criminal if he feels lucky. Does he think Harry Callahan’s 44 Magnum is out of bullets or does he think there is one left? Harry is going to pull the trigger regardless.

Read more ›

Posted in Advice, Economy, News, Trends, Uncategorized, Wealth


Categories

Free Insights