Posts from August 2016

How Deep In Debt Should You Go?

College students are graduating with a lot of debt these days.  Debt has to be paid back.  It never feels good to be in debt.  I was talking to an old friend, and he mentioned a rule of thumb for …

Do You Have Faith In The Banking System?

Over the last 8 years, the US has had basically no economic growth.  The government induced financial crisis of 2008, along with the way the government administered the aftermath has created a slow/no growth economy.  If you think the US …

What’s The Right Tax Rate For Carried Interest?

There’s a debate going on over carried interest.  Both Trump and Clinton have said they are going after hedge funds. Clinton has even advocated for a transaction tax, which is one of the stupidest taxes of all time.  Taxing the …

Limited Government: Necessary For Growth

There is a small debate going on today over the role of government.  If you are at all interested in it, I’d encourage you to read this piece written by Cliff Asness back in 2009.  At the time, he was …

Constraints: They Can Be Good For You

One of the things that humans inherently prize is optionality. Commitment is hard. But, the truth is if you have every option in the world it becomes difficult to make a decision. Inertness sets in. Procrastination happens. Jim Brandenberg is …

Free Speech

Free speech is guaranteed by our Bill of Rights.  It’s core to America. Free speech is under assault by progressives all across the US-especially in our nation’s universities and public school systems.  Hopefully, we started to turn a corner yesterday. …

Why Twitter Has Staying Power

Yesterday Fred Wilson put out a Tweetstorm about Twitter.  I thought a little bit about it.  I recall an article in Barron’s back in 2007 or so.  It was about Twitter and an executive said, “Twitter is like a river. …

But, What If We’re Wrong

There are so many absolutes these days. Global warming is a perfect example. Let’s assume that we proceed with getting rid of all fossil fuels and put fossil fuel out of business worldwide. Then, global warming doesn’t happen, and we …

Robots Won’t Kill Us

I saw this video and thought it was totally cool. I think the young track star had quite a revelation about Jesse Owens athletic ability too. I’d love to see more athletes try this. Imagine today’s golf stars playing with …

Virtual Learning

There has been a lot of promises made about virtual learning over the years.  It’s getting better as technology improves.  Yesterday, on my drive back from Minnesota I heard an ad on the radio for Minnesota Virtual Academy.   There …

Best Cell Service

Since I got a cell phone in the 1990s, I have always had ATT cell service.  I find that no one actually likes their cell provider.  I wonder what else everyone is using, and where they are using it. ATT …

Louisiana Flood

IF YOU WOULD LIKE TO DONATE TO HELP FLOOD VICTIMS, HERE IS THE LINK. I have been out of touch with most of the news the past week or so.  I got some internet and saw there were huge rains …

How Regulators Destroy Markets

Was reading a book by John Allison “The Financial Crisis and the Free Market Cure”.  In it, he talks about the state of US markets and capitalism.   People are confused these days because they think we have actual capitalism …

When A Market Becomes A Casino

Was reading a short article on the plight of the cattle futures market. This has been happening over the course of the last seven years.  Seven years ago, the meat markets at the CME started to flip from open outcry …

Really Poorly Designed UX

What’s really poorly designed UX?  There are plenty of examples.  UX stands for “user experience”.  Without good user experience, you can’t get customers.  Since we are up in the Northwoods and run into and out of Internet/cell having good quick …

Co-Working Hits Movement

We had to run into town.  Grand Marais  (pop 1341) according to CNN it’s the coolest small town in America.  They just changed the runway at the airport from dirt to paved-and lengthened it so a jet can land.  One …

The Forest and the Trees

I am up in Minnesota for a week.  When we are up here, we tend to wind up doing some chores that require manual labor.  Gardening, transplanting trees, digging rocks, painting, trimming and cutting trees and burning them. There is …

Serendipity Doesn’t Happen By Being Passive

People talk about serendipity happening to them.  When it happens, it’s not because people were simply in the right place at the right time.  They usually are out in the world trying to make things happen. People often guard their …