Have you ever heard of JamesEdition? If you aren’t a billionaire, then I would guess that you haven’t. When I first saw this site, my jaw literally dropped. Basically, JamesEdition is Craigslist, but for the wealthy and certainly not for the regular Joe (or Craig if you will). There are people in this world that […]
This post comes from my long time friend and college instructor Andrew Levin. Here in the USA, we love our gas. Each day, we consume enough gasoline to fill up over 550 Olympic-sized swimming pools. There is an average of one car for every two Americans. And boy do we like to drive. According to […]
Phase 1: Collect Underpants. Phase 3: Profit. Who says you can’t learn any good financial lessons from South Park?
OMG! OMG! APPLE HAS A NEW PHONE! iPHONE 5! WOOO! … Chill out people. It is just a phone.
Last night, I watched a fascinating CNBC show about “as seen on TV” product that are sold primarily through infomercials. I have never bought anything from an infomercial, but apparently a lot of people have. Those TV products have made a lot of people a lot of money.
If you have ever heard about people making millions (or losing millions) of dollars on currency speculation, you are not alone. I have read stories about being making and breaking the bank by investing in Euros, Pounds, Yen, Shekels, Yuan, Baht, Pesos, and a slew of other currencies. From the grand entrance of the Euro to the Asian Currency Crisis in the 1990s, the Foreign Exchange, or FOREX, markets are an important investment opportunity.
Denver recently passed an “outdoor camping ban” which, in practice, is simply a law making it illegal to be homeless. This is far from a solution to the homelessness problem, it will just move the homeless to surrounding cities and states. It made me think about actual solutions to homelessness in America.
This year, I made my third trip to Omaha for the annual Berkshire Hathaway shareholder’s meeting. Warren Buffet are Charlie Munger took center stage and shared their wisdom on investing, business management, and the economy to a packed house that included billionaire Bill Gates and rock superstar Bono.
I recently read a post with an interesting theory on tipping. I like and respect the author of the post, Len Penzo, though I disagree with his opinion. However, when I read the comments I wanted to scream and start punching people. Here is what you really need to understand about tipping and the service industry.
If you follow the Republican presidential campaign, you have undoubtedly noticed that the candidates are trying to sell you a story about how horrible the economy is and why you need to elect them to fix it. I think they are dead wrong, the economy is great. Here’s why.