“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
“It was a bright cold day in April, and the clocks were striking thirteen.” ~ opening line of George Orwell’s book 1984 This line seems innocuous enough, but you immediately know something is wrong with the world. As a writer, I recognize this is done to drive the reader to
In the opening scene of Shakespeare’s Macbeth, the witches gather around a cauldron making a potion and chanting, “Double, double toil and trouble; fire burn and cauldron bubble.” Well, let me tell you that a bubble’s famous last words are always, “I’ll be back!” The Fed is in an unenviable
Every 4th of July, the Liberty Bell in Philadelphia is tapped (not actually rung) 13 times in honor of the original 13 colonies. Cheers to you and Happy Independence Day – may your day be filled with beer, hot dogs, family, and friends. Two years ago in the early months
They used to use urine to tan animal skins, so families used to all pee in a pot, and then once a day it was taken and sold to the tannery. If you had to do this to survive you were “piss poor.” But worse than that were the really
Even giving my two cents worth each month is shrinking! Mike Tyson is famous for once saying, “Everyone has a plan until they get punched in the face.” I wonder what his seatmate’s plan was when he repeatedly insulted the former world boxing champion on a recent flight? My parents
“The point to remember is that what the government gives, it must first take away.” ~ John S. Coleman Although the quote above is both funny and true, it is not entirely accurate. If taxing was the only way our government paid for things, our taxes would be much higher.
In my July letter, I linked to some extra credit reading ZeroHedge.com about the Fed overstating U.S. jobs by about 800,000. Most thought, this just
