Yes, I know I’m being a tad bit facetious here, but not really. After getting US$45 billion in government aid, the US government and we the people of America own roughly 36% of Citigroup. The interesting debate is whether Citigroup employee, Andrew J Hall should be paid his $100 million bonus as described in his …
Government Employee Entitled to A $100,000,000 Bonus! Read More »
A funny thing happened yesterday when my friend and I were waiting for a space in the club parking lot. We were doing some stretches outside when an old man with a bamboo stick over his shoulder and too medium bags at each end came tiptoeing in. Where in the world was he going, we …
The Dumpster Of Treasure: Finding Wealth Everywhere Read More »
Ah the end of summer is quickly approaching. What will August bring this year? I had lunch today with one of the co-founders of BuzzLogic. We caught up on life and discussed the world of online social media. If you don’t know about BuzzLogic, the company is one of Silicon Valley’s great start ups. They …
Let me tell you about the book that changed my life. It is my favorite book that I tell everybody to buy. Back in the last downturn from 2001-2003 I had incredible back pain. I couldn’t sit for very long, and my legs were going numb. Doctors told me I had sciatica, a pinched nerve …
The Book That Changed My Life And Made Me Rich Again Read More »
The California Muni Bus system recently raised their one way fare from $1.5 to $2, as they desperately try to pay for another mismanaged government agency. When the fare was $1.5, sometimes you had to just eat the 50 cents change you were owed because you only had two dollar bills. Fine, your fault, no …
I came across an intriguing article with a secret on getting set for life. Study hard, get good grades, nail your SATs, and get into one of the top 20 schools. Or if you weren’t scared off by the college admissions scandal, you could bribe your way in. But of course only you can decide …
Survey Says: Get 1,300 on Your SAT’s and a 3.9 GPA And You’re Set For Life! Read More »
This week I learned the value of happiness from my frugal wife that I want to share. I have a small “trading account” which lost about 22% of its value this week being levered short. Not exactly the greatest feeling. This week basically wiped out all my hard work in this specific account for the …
The Value of Happiness & Lessons From a Frugal Wife Read More »
The S&P 500 index has rallied 40%+ from its March 2009 low, and is up 8% Year To Date. Despite this solid performance, unemployment has surged to 9.7%, and many forecast the increase will continue until 11-13% unemployment. We’ve got 12% unemployment here in California already. The question I have is: How high can the …
The less you have, the less you lose. This is the upside attitude of not having a lot of money. In October of 2008, Warren Buffet lost about $9.6 billion on paper. Put it another way, that’s a freaking a lot of money! To also put it another way, in my chase to match Warren’s …
With California heading towards the abyss and taxes rocketing to the moon, I’ve toyed with the idea of moving to Nevada. Here’s an article in the San Francisco Chronicle highlighting homeless 24 year olds and rising unemployment even in a rich suburb such as Marin County. From this other article, we learn that from the …
Move to Nevada And Make 10% More Money Per Annum Forever Read More »
