I looked around during an airline safety briefing and was amazed at how few people were paying attention. As a pilot in command of an aircraft, I never do anything without carefully briefing the action first. When I fly as a passenger I always stop whatever important thing I am doing before take-off to pay…
DetailsLast week I travelled home from a business conference in South Carolina. Shortly before heading to the airport, I received notification that my flight had been cancelled due to a winter storm in Denver. From my experiences as a pilot, I generally don’t book through Denver in the wintertime, but in mid-March during a fairly…
DetailsMy mom loved root beer. Before she passed away a year ago at age 93, she wanted a McDonalds’ hamburger and a root beer. It was about that time that some of the kids and I stumbled upon a website that sold what they called, “Vintage Sodas.” One of the collections they offered was a…
DetailsAt the age of 7, I decided I wanted to play baseball. I was living in beautiful Yorba Linda, California, and in my town, baseball was life. I was a little nervous as I watched games at the local ballfield because I was one of the smallest kids my age. In fact, in thinking back…
DetailsA visitor to my office asked if I thought the stock market was still a good place to invest given all its “recent volatility.” This frequent question carries with it the inference that there was once a time when the stock market was not volatile. When I first became serious about investing the Dow Jones…
DetailsOne of my friends is a former fighter pilot. He loves to fly but as he got older it became clear to others that his skills were diminishing. Finally, his children made the very unpopular decision to take away the keys to his plane. He was initially very unhappy and it caused a significant amount…
DetailsWhen my son Jayden was only 8 years old, he had his brother drive him to the department store to pick out a special gift for Father’s Day. From doing various chores he had amassed a little over $16 – a tidy sum for a guy his age. He was unselfishly planning on spending all…
DetailsIn our office we have been discussing our biggest concerns for investors in 2024. One of the topics of discussion has been the continuing growth of financial scams. Criminals keep getting more clever and bolder. New technologies are also making it easier for them to fool and scam people. Every year we need to add…
DetailsThe major stock market averages have been climbing recently. Given all the challenges in the world, people keep asking why the market seems so happy. Inflation and interest rates remain stubbornly high while corporate profits, measured by PE ratios, are largely flat — so why all the excitement? The first thing to understand is that…
DetailsIn our prior home we had some huge pecan trees in our yard. Pecans are beautiful trees during the summer, but when they drop their leaves in the fall they look like they have died. Throughout the winter they make the yard appear quite gloomy. One day as I wandered about the pile of leaves…
Details