Posts in Family

The Chicago Entrepreneurial Ecosystem Lost One This Week

On December 4th, Professor Paul Magelli Sr. passed away.  I used to lecture at Paul’s classes. He was really really a great guy.  I always told him one of my regrets in life was not taking a class taught by …

Something Fun

My friend Janine put this on her Facebook.  She was in my MBA class at Chicago Booth.  We can all use a little fun. Come on someone, do this with me! Here it goes… Tattoos……………………No  (not too many in my …

A Brilliant Thing Happened In Champaign

Yesterday my wife and I drove down to Champaign.  She was in a sorority, and her friends were getting together.  The Illini were playing Minnesota for Homecoming. Illinois football has a long way to go before it’s going to be …

Fees on Accounts-The Government Is Enabling A Shake Down

The Department of Labor recently changed regulations on how brokerage agencies can charge fees to accounts.  Remind me again why the Department of Labor is stepping into the relationship between a broker and customer again?  It’s another example of government …

What Is Joy? What Is Happiness?

A lot has been written about happiness. How do you get it?  A lot of people are meditating, and trying to practice mindfulness.  I have seen groups form up that talk about “spirit” and other things.  A lot of what …

The Cherry Bounce

In our family, we like to make concoctions. After a trip to Italy, we learned how to make Limoncello. We always have a bottle in the freezer now. We started making our own bacon. When you make your own bacon …

Sorry For New York

Yesterday I was at the Michigan v Colorado game in Ann Arbor.  110,000 people.  More than that when you consider all the tailgaters.  It was a nice day.  When I got home, I took a quick gander through Twitter to …

Where There Is Love

Drove up to Detroit, Michigan yesterday.  I have a few friends and some family up here.  The reason I came up is because my childhood friend runs a foundation, A New Day Foundation for Families.  I encourage you to go …

It’s Good To Remember

There will be a bunch of 9/11 remembrance posts today all over the web.  Facebook feeds will fill with photos of that terrible day and the beams of light NYC shoots into the sky to remember it. It’s good to …

Happy Labor Day

It’s Labor Day. In America, we started celebrating it in 1894. Unions were mostly good for American citizens in the first part of the century. Since then, they haven’t been when it comes to big companies. It was not only …

Wedding Songs

We are out in California at a family wedding. My nephew proposed, and got married to the love of his life. I love wedding celebrations. Being able to find someone you love and can spend the rest of your life …

Goin’ To California

We are headed out to California today. We will be in a few places in Northern California. Our nephew is getting married, so we decided to extend the trip. I am meeting with a few people when I am out …

VC Returns; What To Expect.

Yesterday, they published Andreessen-Horowitz venture fund returns. a16z shook up the VC world a bit when it started. They have done a lot of things differently, and other VC’s weren’t too happy. I don’t care too much about all that …

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 …

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 …

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 …

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 …