In 1990 Michael Jordan set a personal single game record by scoring 69 points against the Cavaliers. After the game, rookie Stacey King, who had scored a single point said, “I will always remember this as the game when Michael Jordan and I combined for 70 points.” That quote came to mind when an investor…
Hedge funds have been in the news quite a bit lately with the now famous Gamestop short squeeze as well as the over-leveraged collapse of the Achegos fund. Both disasters have led investors to once again question whether such vulturous trading strategies should even be permitted. I felt much the same way until I travelled…
A popular video game is a story-based activity where players build an imaginary life on their own island. One aspect of the game allows players to buy turnips in what’s called a “stalk market” which can then be sold throughout the week at varying and random prices. The selling prices will either result in gains…
This Easter weekend I would like to speak to the younger generation, those who in this very difficult time wonder about their future, or if they will even have one. When I got married, I lived in Las Vegas at a time when the nation was suffering through a very painful recession. Unemployment was high and…
The nations’ largest retail chains made their fortunes by appealing to the human desire for a bargain. Entering the store, the first items you see are usually the ones on sale. And people rush to buy them. Wall Street has a sale rack too but often many investors try to avoid it, oddly preferring to…