Author: Jared Korver
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Christian Laettner and amateur hour investing
Christian Laettner is undisputedly the most despised college basketball player of all time, and plus he played at Duke, and I despise Duke basketball with every fiber of my being. I say all this only as a matter of disclosure, and as a matter of principle. I was, therefore, interested to see a…
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“Raleigh’s richest ITB streets”
Here’s a slide show I found yesterday on the Triangle Business Journal’s website with the somewhat misleading title of “Raleigh’s richest ITB streets.” Basically it’s “Raleigh’s most expensive ITB streets,” which is another thing entirely, but oh well. For the uninitiated (I didn’t say plebeian, but…), “ITB” stands for “Inside…
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Throwing bad money after good
There is a term in social psychology which describes the subconscious phenomenon of humans justifying systemic negative or immoral actions by referencing isolated positive or moral actions that too place prior. This term is “moral licensing,” or “moral self-licensing,” and the reality it describes is really pretty disturbing. (You can find moral licensing…
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Home buying: an unpopular opinion
“One in four homeowners in the Las Vegas area owes more to the bank than his or her home is worth.” The colloquial term for this unfortunate reality is “underwater,” and while it is certainly pronounced in Las Vegas (and Akron and Cleveland, apparently) in the wake of the housing…
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Stolen credit cards and strange decisions
Recently someone tried to use my credit card information to eat a meal at Chili’s and book a hotel room in some random town in Virginia. This, to me, is a strange way to go about spending money from stolen credit card information, but then again, who am I to…
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Your Amazon order history
My wife and I are Amazon Prime members, because it is an elite club of millions and millions of people who pay to be two-day shippers of innumerable items, for free. I mean, technically we pay for the free two-day shipping, but it doesn’t cost anything. And also to lease the rights…
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The unified theory of money
A great dish hits you like a Whip-It: There’s momentary elation, a brief ripple of pure pleasure in the spacetime continuum. That’s what I was chasing, that split second when someone tastes something so delicious that their conversation suddenly derails and they blurt out something guttural like they stubbed their…
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Time isn’t money
Benjamin Franklin, apparently, is who we have to thank for the delightful cliché, TIME IS MONEY. Whenever I hear or read that phrase my mind immediately goes Caps Lock ON and I imagine yelling by someone strongly resembling Donald Trump. It’s not just a dumb cliche; it’s a cosmic lie. Don’t…
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Love your job this much
I’ve had a lot of jobs. I got paid for some of them. The worst job I had was in high school working at a furniture store where new and used furniture was sold and delivered, for a fee. I almost cut my left index finger off at that job. And…
Meaningful Returns 