Category: Investing
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What dunking a basketball can teach us about investment risk
What I’m about to tell you may come across as braggy, and that’s because it is. But it’s one of my life’s greatest accomplishments so I don’t care: I first dunked a basketball in 8th grade. But it was one of the last days of 8th grade, and only my…
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“America’s Golf Courses Are Burning”
That’s the headline in this article over at Bloomberg today, and basically the short of it is, way too many golf courses were built back in 1990s and early 2000s AND golf is becoming less popular, which is a situation that could be filed under “Candle Burning at Both Ends.”…
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Maybe you shouldn’t invest like a billionaire
Barry Ritholtz (one of the good guys in finance) wrote a great piece yesterday at Bloomberg about all of the recent calls from a number of billionaires to essentially “sell everything.” Barry’s main point is that you shouldn’t much bother about these calls unless you, too, are a billionaire and…
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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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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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How to lose money and make others rich
Bear with me. When I was in college my mom worked at JC Penney, and once she copped me a pair of khaki shorts made by a company called “American Living.” They were on sale. I still own the shorts, they’re nice and comfy, they’re khaki, I put them on one leg…
Meaningful Returns 