Posts from 2017

Two Poems for Memorial Day

I have met a lot of WW2 vets in my life. Each and every one of you will tell you they are not heroes. They were survivors by the grace of God. The heroes aren’t here anymore. The most poignant …






I Hate Bugs

Last summer, we bought a small cabin on a lake in Minnesota.  We are going to rehab it this summer.  It’s not a super high-end expensive rehab.  We bought some stuff on Craigslist, and the rest at IKEA or Home …






Is the Future Direct Listing? IPO? ICO?

The NYSE petitioned the SEC to allow direct listing of stocks. The NASDAQ already allows this practice so it’s probably a fait accompli that the NYSE will be granted permission. Thanks to my friend Dan Ratner for bringing it to …






Deliberative Practice and Grit

While on vacation, I read a couple of books.  One of them was Grit (which I still have to finish).  It’s a great book. I was intrigued because her initial research on grit was with West Point cadets. Since I …






Who Gets What When

I read this book and reviewed it a couple of summers ago. It’s a great book and a must read for anyone. I thought I would post this video of Professor Roth talking about his ideas while I was on …






Risk And Startups

Lately I have seen a lot of thematic investing around startups.  Some investors are “Efficient Market Hypothesis”-ing a portfolio.  By this I mean they are writing a lot of checks and figuring portfolio theory will bail them out.  I think …






30

Thirty years ago today, my wife decided to follow through with the “till death do us part” thing.  We were young.  She was 24 and I had just turned 25.  She had a job, and I was a clerk on …






The Worst Kind of Diligence

When you do diligence on a company, there are several ways to go about it.  We have a process.  It’s important to remember each deal is different.  It’s a unique entity, with unique people.  The process is the same, but …






The Farm To Table Movement

One of the things that interests me is the farm to table movement. My wife worked on an organic farm in northwestern Illinois. I invested in Tallgrass Beef back in 2005 and Simple Mills in 2014. I saw this discussion …






Brexit, Grexit, and Europe’s Year of Destiny

I am in St. Barts.  30th Aniv Trip. I had the good fortune to have dinner with Ted Bromund and listened to his thoughts about Brexit.  It’s interesting to compare to Quebec’s relationship with Canada.  It’s also interesting to think …






On Vacation

I am flying away for a vacation today.  I need it. I am sort of burned out.  I have had a lot of challenges in my life over the past several years, and it’s time to take a few days …






Our Investment in Megalytics

West Loop Ventures has made its maiden investment.  We lead the post-seed round investment in Megalytics.  Megalytics enables timely, effective investment and management decisions through an automated platform that integrates large and disparate data sources and proprietary algorithms and scoring …






Markets Don’t Lie

Yesterday I had a conversation with someone that really understands the markets.  When you find a person that viscerally understands markets, it’s fun.  That was one thing about where I worked, we had more than a few people that could …






West Loop Ventures Hacking Event

Yesterday West Loop Ventures hosted a hacking event in Chicago.  One of our missions is to educate the community on issues affecting fin tech.  We hope it helps the community, and that entrepreneurs get good ideas and go build a …






A Walk With Tom Sosnoff

I don’t sign up for a lot of email, but I do enjoy getting the Tastytrade email every morning.  I saw their CEO Kristy Ross at the 1871 5th Birthday Bash.  They just rolled out a new brokerage, Tastyworks, which …






Happy Mother’s Day

I have a great mom.  I have a great wife who has created a really great family for us.  Hope you did too.  If your mom isn’t around anymore take a minute and think of her and thank her today. …






Leadership Thoughts

Leadership in startups is huge.  It can help a startup weather the inevitable bad times.  My friend Raman Chadha has been teaching leadership in the Junto Institute for a few years now.  Recently, they announced they were setting up a …