It is estimated that over 40 million people watched the riveting game seven of the World Series between the Chicago Cubs and Cleveland Indians. Having grown up in Chicago and being a former peanut vendor at Wrigley Field and Comiskey Park (where the White Sox used to play) I was emotionally invested in the Cubs.
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Gary Carmell
Posted in Interest Rates, Investing, News, Stock History, Trends, Uncategorized, Wealth
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I am a huge fan of the Daily Shot. It is a daily composition of charts and interesting news clips that allow subscribers to get a very good feel for what is going on around the world in stock and bond markets,
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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.
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Here is part two of my comparison of some of Goethe’s maxims and the wisdom of Charlie Munger. Johann Wolfgang Goethe (1749 – 1832) was a German writer and statesman while Charlie Munger, born 1924, is best known for his financial wisdom and partnership with Warren Buffett.
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Gary Carmell
Posted in Advice, Apartments, Economy, Investing, News, Uncategorized, Wealth
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Sir Isaac Newton famously said in 1676,
“If I have seen further, it is by standing on the shoulders of giants.”
Scientific advancement and all forms of knowledge and innovation is cumulative and does not happen in a vacuum.
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I jokingly said to my wife that the following graph is the reason she can purchase a car she has had her eye on.
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Gary Carmell
Posted in Apartments, Economy, Interest Rates, Investing, Market Bubbles, News, Uncategorized, Wealth
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The old adage is that the road to hell is paved with good intentions. As Ben Graham said, it’s not the bad ideas that do you in, but the good ideas that go too far that can do the most damage. A perfect example of this was the drive for more Americans to own homes,
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Gary Carmell
Posted in Advice, Economy, Investing, News, People, Uncategorized, Wealth
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With this being Memorial Day I thought I would take a slightly different spin to honor this holiday. I, of course, want to thank everyone who has served to help protect our country.
The first people to honor and offer our most sincere form of gratitude is to those in the armed forces who literally putting their lives on the line to defend our country.
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Gary Carmell
Posted in Advice, Investing, News, Psychology, Trends, Uncategorized, Wealth
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You are probably wondering why the author, business executive, investor Gary Carmell, author of The Philosophical Investor Transforming Wisdom into Wealth is holding a banana!
A lot can be learned from a simple example.
[Video Transcribed]
My book focuses significantly on the powerful intersection between intelligent investing and intelligent living and the importance of having a way of viewing the world that is quite independent and quite authentic.
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Here is part two of Investing Haiku:
Don’t overlook people
Projections soon become moot
People steer the ship
Great investors read
They are never not reading
Stay curious all the time
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