“Unfortunately, bubbles are only recognized with 100 percent certainty in 20/20 hindsight,” says the man who accurately predicted the 2008 housing crash and the beginning the current housing slowdown. James Stark, who manages well over $1 billion, thinks we are…
He was on the outside patio smoking like a chimney when we walked in the front door of the house. “Who is smoking!?” My wife asked. “Oh, that’s Rick. He’s outside,” replied our neighbor. We had just arrived at our…
If you were to ask the average investor where their wealth is held, they’d probably say something like, “Stocks, bonds, commodities, cash, and some real estate.” That’s a perfect answer according to most financial advisors. It’s a great idea to…
“It’s tempting for me to say that, ‘People shouldn’t invest in China so I have less competition.’ So, everyone who is listening: Don’t invest in China.” That’s what David Rubenstein had to say about investing in China while at the…
In the Western world, London and New York are considered the two main financial hubs. New York serves the US and most of the Americas, while London serves the UK and most of Europe. Cities like Toronto, Zurich, Chicago, and…
It’s all there. Stop signs, fire hydrants, storm drains, and paved roads for miles. The aerial view is hard to really comprehend. An endless maze of pre-planned streets that were built to be the backbone for the next utopian California…
I have an extended family member who won’t use Uber. He thinks it’s weird that some stranger will come pick you up anywhere, in their own car, and then you’re supposed to trust them to safely transport you to your…
When the grocery store chain Whole Foods announces a new location, it’s not the future shoppers who rejoice. Instead, it’s the property owners around the new proposed site that start jumping up and down. It’s been called the Whole Foods…
On May 10th, 1869, the final spike of the first US Transcontinental Railroad was driven into the ground by Leland Stanford. This spike was made of pure gold to signify the importance of the completion of this rail route, that…
I took the elevator to the thirty-second floor. The elevator door slid open, I walked out, took a left, and pushed open the double doors to the roof top bar. Looking across the room, I thought in my head, “Ugh,…
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