“We contend, that for a nation to try and tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” ~Winston Churchill Oil prices are rising, supply chains are straining and everyone is proceeding with caution. Only one in
David Letterman kept a stack of cups in his dressing room – each one represented a completed show. What matters is what you’ve DONE – not what you intend to do. He’s not counting down and removing cups the way you would cross things off a to-do list. He’s simply
Welcome to the New Year! We look forward to another productive and prosperous year as we herd cats with the clicks of our mouse! In the meantime, I hope to torture the data until it confesses! Despite what social media and the news would have us think, there is much
“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