Posts from January 2013

Breakfast Links Poll-Should They Exist or NOT?

If you come to Points and Figures often, you may have realized that I haven’t done Breakfast Links for a couple of weeks.  I was doing it every day, and sometimes readers would also send me links to post. I …






Tax Code Carve Out-Free Money For Smart Investors

Did you know that if you invest in startups, you pay no taxes on the gain?  Zero taxes will accentuate a trend I see just beginning to happen. Taxes rarely if ever enter into the decision to invest in a …






GDP Drop

GDP today dropped.  Dropped huge. Keynesians and Obama supporters will say that it’s because there is a drop in government spending combined with Hurricane Sandy.  Bullshit. It’s the policy stupid. In the last quarter GDP was up 3.1%.  This quarter …






Cooler By The Lake

Cooler by the lake is a phrase almost all Chicagoans know.  Because in the summer when the weather gets a bit swelty, you can travel down to Lake Michigan and shave off about ten degrees.  It’s a big air conditioner. …






Unintended Consequences-Basic Microeconomics

Little did I know John Taylor was going to cite basic microeconomic theory today in his criticism of Federal Reserve policy. Related articles Microeconomics Monday-The Invisible Hand Microeconomic Mondays-Perfect Competition, Producer Surplus Microeconomics Monday-Long Run Industry Supply Microeconomics Monday-Short Run …






How To Run A Productive Board Meeting

Board meetings can be a royal pain in the butt.  Yesterday, I was at a seminar to learn how to run a good board meeting. It was lead by Donna Zarcone.  She has a lot of board experience, and has …






Obama Skeet Shooting

Obama says he goes skeet shooting all the time?!! First of all, I want photos from 2009. Second, what’s he using? What kind of ammo? Does he have an FOID card? I did get a video And finally, the White …






The Chosen Road To Nowhere

Whenever a business feels like it has to hire a lobbyist to work with the government, it’s doomed. At all costs, it should try and ignore the government and work around anything that the government sets up to constrain it. …






Monday Pep Talk

  I have a close friend that has cancer.  Sending this to him and others like him.  But the pep talk is for all of us.  Make something cool happen today.  What are you going to create?  Play ball.  Work …






Microeconomics Monday-The Invisible Hand

People often refer to the invisible hand.  However, many markets that are over regulated make it impossible for the invisible hand to do it’s dirty work.  For example, the government policy for banks, “too big to fail”, is a clear …






What’s Your Network Look Like?

Everyone talks about networks.  Few understand them.  They power network and drop their card in everyone’s hands.  True networking is more than that.  For example, Notre Dame has one of the best networks in the universe.  Why? It’s because each …






MTXE-A Phrase That Pays

We like to turn everything into abbreviations these days. Feels like speaking the english language is changing to military speak.  The military famously abbreviates everything.  That’s why it’s a pain in the rear to be a plebe at a military …






How To Make Big Money And Have Success

“Pigs get slaughtered” A lot of people fantasize about becoming a billionaire.  They see Wall Street titans, bankers, successful entrepreneurs and think they could be there too.  A lot of wealth starts with a dream, but dreaming of wealth gets …






Billionaire Fight Club

Amazing.  You rarely see this on television.  Two big players going for each other’s jugular. Yeah, Wall Street, and LaSalle Street get pretty competitive. And personalities get involved.






The Fourth Estate Is Bankrupt in More Ways Than One

The media is blamed for a lot of stuff.  How many times have you heard, “I was misquoted.” or something to that effect.  But I have noticed something over the past ten to fifteen years.  The media is polarizing.  Fox …






“The State Shall Take, The State Shall Give.”

David Mamet grew up in Chicago.  He was educated at a school that taught him to critically think. He displays a lot of knowledge in the piece he wrote today.  It’s amazing writing, but even better critical thinking. The Founding …






Trust in Sake: It’ll Warm Your Heart

Last night, the angel organization I co-founded had a small social event at a hot restaurant in Chicago, Union.  One of the things great organizations do is get together outside of work to build trust and rapport.  When you are building …