In the early 1960s, flying from the US to Japan was a big deal. Japan Airlines had just started making transpolar flights the previous year with tickets being hard to come by and extremely expensive. Traveling outside of the US…
Most quotes about hindsight are pretty stupid. Trust me, I just spent the past twenty minutes searching for a witty saying from some famous person about hindsight. I found a bunch of quotes from authors, politicians, investors, and celebrities where…
“We can produce enough cannabis to serve the entire country of Canada,” he said. “Of course, we’re not going to be running at full production levels until we’re confident we can sell what we produce. But, we are certainly ready…
Delayed gratification versus immediate reward. This concept I something researchers have studied for years. They have tried to understand why our brains desire different rewards based on a time frame. Really, the only reasonable explanation is that people are just…
We all want the secret map that leads us to success, riches, and pleasure. It’s one of the oldest desires that is consistent with nearly every culture throughout the world. This desire that we all share, to have access to…
“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…
Early this year, in February, we traveled to Denver, Colorado to learn about the blossoming cannabis industry. In addition to hearing from top industry experts, we also physically toured the facilities of several different cannabis companies. We shook hands with…
“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…
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