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
I’m really shocked by all the back-and-forth I’m seeing and the hatred between both sides. I know someone had to lose, but it was a shocking upset, and everyone knows the Padres had the better team than those crappy old Dodgers.
The now-famous Democratic donkey was first associated with Democrat Andrew Jackson’s 1828 presidential campaign. His opponents called him a jackass (donkey), and Jackson decided to use the image of the strong-willed animal on his campaign posters. Later, cartoonist Thomas Nast used the Democratic donkey in newspaper cartoons and made the
Well, a couple of weeks ago, the Federal Reserve declared the war on inflation has been won and lowered interest rates. However, the divide between Fed economists and your wallet may be a different story. Yes, just about everyone can agree that the annual rate of growth in consumer prices
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 cannot be possible.
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
