Blog Archives

Houston – We Have A Problem!

Harvey-Hurricane-Harvey

With the extraordinary events that took place in Houston, southeast Texas, and Louisiana as a result of Hurricane Harvey I felt that it was much more relevant to discuss this catastrophe versus part two of demographics and interest rates emphasizing Japan.

Houston: Hurricane Harvey

An estimated 27 trillion gallons of water has blanketed southeast Texas and parts of Louisiana.

Read more ›

Posted in Apartments, Economy, News, People, Trends, Wealth


The Wisdom of Chief Justice John Roberts, Jr.

Chief Justice John Roberts

Charlie Munger is a big proponent of solving problems and optimizing through inversion. For example, if you want to live a happy, productive, and successful life it is probably more valuable to study those people who you think have been unhappy, unproductive, and unsuccessful.

It is just as important to know what not to do and avoid those actions and decisions as it is to know what to do.

Read more ›

Posted in News, People, Wealth


Fitness Camp Was Life Changing – Now I’m a Believer!

Fitness-Camp-Gary-Carmell

Ben Carlson wrote an excellent piece about how knowledge is not enough in life. If one desires to effect change then knowledge without action is just an interesting academic exercise. It can actually end up being demoralizing as nothing is more frustrating than knowing what to do but lacking the desire to carry out the action and the discipline to stick with it.

Read more ›

Posted in Advice, People, Personal, Uncategorized, Wealth


What Is Your Story? Creating A Story Where You Are The Hero

Marc Andreessen said something in an interview that I have thought a lot about over the years. I have been a big fan of Joseph Campbell who was an expert on myths and deconstructing the hero’s journey into its most important components and structure.

Read more ›

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


Deep Domain Knowledge – Finding Your Calling

niece Dr. Wolf - May 2017

A few weeks ago I referenced Bob Dylan’s recommendation that we find our calling. I saw this in action last week and had this supplemented by some of the things I read. I had the pleasure to go to Philadelphia to attend the graduation of my niece from the University of Pennsylvania where she was awarded a Ph.D.

Read more ›

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


The Manipulative Function: George Soros Theory of Reflexivity

I recently re-read George Soros’ lectures at Central European University from October 2009. He gave five of them and they will be something I return to over time. Soros’ most formative experience was as a 14-year-old in 1944 and having escaped the Nazis out of Hungary.

Read more ›

Posted in Advice, Economy, News, People, Wealth


From Proust to Proctologists – Charlie Munger on Personal Development

Proctologist-Charlie-Munger

This week I continue with lessons learned from Charlie Munger and the answers he gave to shareholder questions at the Daily Journal annual meeting held in February. Last week I focused on delayed gratification and this week I will turn to his thoughts on personal development.

Read more ›

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


Hold Your Judgments Lightly In a State of Disequilibrium

Disequilibrium Judgements

This blog post was inspired by one recently written by Dilbert creator Scott Adams. He is now a must read for me. He is such a brilliant guy and was so right about Trump that I will forever hold him in the highest of esteem.

Read more ›

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


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


Safe Space – Can We Watch Things Unfold from a Safe Distance?

Safe Space - Gary CarmellI recently read about Tesla’s autopilot software update being able to look one and two cars ahead to determine if they are safe or at risk of an accident and, if so, this would then trigger the Tesla to slow down to avoid it. A driver in the Netherlands had a dash cam that was able to take a video of this situation unfolding on the Autobahn and how the Tesla was able to avoid it independent of the driver’s observations and reactions.

Read more ›

Posted in Economy, Investing, News, People, Trends, Uncategorized, Wealth


Categories

Free Insights