Of course, most of you are familiar with Hans Christian Andersen’s famous tale “The Emperor’s New Clothes,” in which the weaver plays on the emperor’s vanity by saying the suit is only visible to people who are clever and competent. In reality, he was naked. Warren Buffett is famed for
“Investing is a game of Snap, of Old Maid, of Musical Chairs. It’s a pastime in which he is the victor who plays “Snap” neither too soon nor too late, who passes the Old Maid to his neighbor before the game is over, and who secures a chair for himself
“Isn’t it appropriate that the month of the tax begins with April Fools’ Day and ends with cries of ‘May Day!’?” ~ Rob Knaverhase “By the way, the tax code has 6,871 pages and over 1,000 forms to report every conceivable type of income and what you do with it.” –
“Plan B is to succeed at Plan A” ~ Arnold Schwarzenegger The Beatles were a group for six years and played more than 200 shows before they got a record deal to record their first album. Three record labels rejected them before this happened. I read the Steve Jobs biography
Ernie Auerbach died 15 years ago today. Ernie conceived and built more than 15 million square feet of commercial, retail and residential properties in large stretches of Santa Monica, Brentwood and Pacific Palisades. In 1977, he purchased 1,000 acres of ranch land in Ramona where he bred racehorses. In 2001,
Enshittification: The gradual deterioration of a service or product brought about by a reduction in the quality of service provided. ~ Macquarie Dictionary, word of the year 2024. This month we are going to skip Nick’s Numbers and the story because there is a new law (AB 2992) which affects
“Good judgement comes from bad experience…and most of that comes from bad judgement.” As I have written before, uncertainty is a killer of markets. When investors or business owners have a murky view of the future – reluctance to make commitments abounds. For the last decade, we have lived in
The four stages of life: 1. You believe in Santa Claus 2. You don’t believe in Santa Claus 3. You are Santa Claus 4. You look like Santa Claus What other time of the year do you sit in front of a dead tree and eat candy out of your socks? Real estate investor
In the 1500’s, houses had thatched roofs – thick straw, with no wood underneath. It was the only place for animals to get warm, so all the cats and dogs lived in the roof. When it rained, it became slippery and sometimes the animals would slip off the roof, resulting
How commercial real estate brokers give directions… TURN LEFT AT THE STARBUCKS. GO STRAIGHT TIL YOU SEE THE NEW TACO BELL AND TURN RIGHT. THEN IT’S RIGHT THERE NEXT TO THAT PLACE WITH THE REALLY GOOD PULLED PORK…IF YOU SEE DUNKIN’ DONUTS, YOU HAVE GONE TOO FAR. Well three 75
Of course, most of you are familiar with Hans Christian Andersen’s famous tale “The Emperor’s New Clothes,” in which the weaver plays on the emperor’s
