Economy

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Solving Homelessness in America

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.

Berkshire Hathaway 2012 Shareholder Meeting

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.

Why I Hate People Who Give Bad Tips

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.

Investing in the Cruise Industry

After the recent, highly publicized crash of the Costa Condordia, people around the world are looking hard at the cruise vacation industry. While everyone is focusing on the problems today, it might be a good place for you to invest for tomorrow.

The Meteoric Rise and Fall of Netflix

In 1997, Reed Hastings and Marc Randolph created a company called Netflix. Hastings was angry about a late fee charged when he turned in the movie Apollo 13 after the due date. His business was like a traditional video store at the time, but evolved into one of the most recognized brands in North America.

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