In Chess, it is good etiquette to topple your king when the position is hopeless. Why prolong the agony? Now, I am only a casual player of chess. I play maybe one to three games per year since I turned 25. I’ll tell you two...
Read MoreThis book on the crisis is different for two reasons: 1) It focuses on the causes of the financial failure, and the history behind them. It spends relatively little time on the failure in 2008. 2) It spends almost all of its...
Read MoreI want to thank Geoffrey Ching for spotting an error in my post How to Make More Returns on REITs. He even came up with what I did wrong; my signal was off by one month, producing returns way too good to be true. So is the...
Read MoreDuring hard economic times, fundraisers for charities get desperate. Their endowment, if any, has shrunk, former less-well off patrons are less certain of their wage incomes, and are less prone to give; well-off patrons have...
Read MoreSimplistic financial plans assume a smooth return that the client will earn. Why? No nefarious reason, but planners don’t know the future, so they either: 1) Assume an average rate as a baseline for calculations, or 2) Display...
Read MoreGiven all the brouhaha that exists over redistricting, I thought I would give one simple idea that would free our nation and states from tyranny. Turn the job over to a computer. Yes, take the blood and politics out of it,...
Read MoreHow do you get people to like you? Love you? Be insanely passionate over you, and what you do, sell, etc? If the book “Enchantment” is correct, it means you have to become the person that inspires people in what ever you are...
Read MoreI’m working on my quarterly reshaping — where I choose new companies to enter my portfolio. The first part of this is industry analysis. My main industry model is illustrated in the graphic. Green industries are cold. Red...
Read MoreLongtime readers know that I favor a simplification of the tax code, for both individuals and corporations. Working as an actuary inside life insurance companies, I saw the complexity of accounting with up to seven accounting...
Read MoreThis is an unusual book for me. I’m not a natural marketer. I try to avoid tooting my own horn. But this book might help me in my weakness. I try to do it all on my own, when the aid of friends could accomplish so much more....
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