Just had on talk radio and the doom and gloomers are out in force.
There are few good words to be heard. Market hysteria fueled by greed enabled by banks and Washington legislation drove prices to unsustainable heights.
Now, get ready for the reverse hysteria. Today’s host was predicting the end of the American Dream. “The end is here. [...]
Continue Reading →I asked two of my nephews the same question,
“Anxious to get back to school?”
One nephew was going into the sixth grade,
“Heck, No, school is hard and we have tons of homework. Some teachers are mean and it’s work, work, work. I hate school. I love the summer.”
Continue Reading →In a previous post, I offered tips “FOR” McDonalds. Let me offer offer a tip “TO” McDonalds.
Yes, I usually frequent McDonalds once a month but have been there three times this summer. I had one bad and one neutral experience, being fair, here is a good encounter.
I order for my small group: [...]
Continue Reading →You want to buy six properties.
You want a home and a vacation home. You will live in these properties, so your personal family’s preferences matter.
You want your other propertries to be well located, solid, income producing assets. It is the rentability of these properties that matters.
Whether those properties in your permanent portfolio are [...]
Continue Reading →Yesterday, I was semi-dragged to the movies to see an Australian art film called Mao’s Last Dancer. I expected little. Two hours and seven minutes later, I was overwhelmed with inspiration.
It is the story of a flexible 11 year old boy, Li Cunxin, plucked from his family in the Chinese’s hinderlands to become what Madame Mao [...]
Continue Reading →Poilane Bread is perhaps the most famous bread in the world.
It is a sourdough French bread made with stone-ground flour baked in wood-fired ovens.
You’ll want to put trying Poilane Bread on your life’s bucket list.
Young Lionel Poilane did not like his family’s business. In fact, he hated that his hard driving [...]
Continue Reading →Wolfgang Puck is one of America’s greatest chefs and most success restauranteurs. He knows how to coook and he knows how to make money.
He is known as the father of the “gourmet” pizza. His most famous gourmet pizza from his most famous restaurant, Spago in Beverly Hills, is the salmon topped pizza.
There happens [...]
Continue Reading →For fifteen years, I ran a program for teenage court offenders. Sometimes I taught the students and sometimes they taught me. A big part of my job was trying to find employment for these guys.
I will always remember Julio.
“Bill, I don’t want any of your stupid jobs – hired, fired, hired, fired.”
“Julio, if you want to [...]
Continue Reading →You are a kid. Your family owns a dry cleaner. You are forced to work in that dry cleaner for short money while your friends hang out. You feel sorry for yourself.
DO NOT feel sorry for yourself. Feel sorry for your friends. Because now or at some future date, you will realize the tremendous [...]
Continue Reading →Other than amputation, you lose twenty pounds in increments.
It is pound by pound and ounce by ounce.
It is that moment when you choose a salad and a bowl of spaghetti with meatballs rather than forgetting the salad and eating two bowls of spaghetti with meatballs.
It is that moment when you stop at two cookies.
It is that [...]
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