I work in construction and in 2014 our family built a new house. When I tell people I "built our house" they look at me intently and wait for me to explain that I wasn't swinging a hammer. I acted as the general contractor which means I organized the project, answered the questions, and paid … Continue reading Building The Foundation
John Maynard Keynes is quoted from 1936's "The General Theory" to describe herd mentality of professional money managers. Keynes, the father of Keynesian Economics writes, It is the long-term investor, he who most promotes the public interest, who will in practice come in for most criticism, wherever investment funds are managed by committees or boards … Continue reading Herd Mentality: Where’s the Beef?
In F. Scott Fitzgerald's Masterpiece "The Great Gatsby" the narrator Nick Carraway was in the bond business. We learn that Nick, "decided to go east and learn the bond business. Everybody I [Nick] knew was in the bond business so I supposed it could support one more single man." We don't learn much more about … Continue reading Great Gatsby and The Bond Business
Many people mark the beginning of the Great Financial Crisis (GFC) with the bankrupty filing of Lehman Brothers. There has been a variety of amazing content this week marking the anniversary some of which I'm linking to below and will discuss within the context of my story. My story is not an amazing behind the … Continue reading 2008’s GFC: Fired on Your Birthday
When I was growing up my grandparents always had a vegetable garden. Let me just say that it never looked like the picture below. There weren't any flowers, but there also weren't any weeds. What am I doing wrong? Am I doing anything wrong or just differently? Sure, there are a lot of weeds. But, … Continue reading A Wealthy Garden