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SI: How Oversupply Killed The Baseball Card Industry
Reading Time: 6 minutes
My sales from ’88 to ’92 were $10,000 to $13,000 a month, and the cost of goods was only $1,000 to $2,000 a month. Then they started putting out so much product, raising the price on packs and putting chase…
Washington Mutual Implicated In Appraisal Fraud Case
Reading Time: 2 minutes
“I was pressured for 2 weeks to change both my value and the conditions of my appraisal report …. of an appraisal I completed that did not come to their predetermined value for a ‘valued’ Wamu client.” – Appraiser (subscription…
Top Gun FP Client Note: Blowout Earnings Overshadowed by SEC Suit Against Goldman
Reading Time: 11 minutes
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
WSJ: Advisers Ditch ‘Buy and Hold’ For New Tactics
Reading Time: 4 minutes
It’s a complete rethink of how to do asset management. – Jeff Seymour, Triangle Wealth Management LLC in Cary, NC, who early last year changed from a buy and hold strategy to holding about 90% of client money in short term…
50th Anniversary Of “Atlas Shrugged”; Thank You Ayn Rand
Reading Time: 3 minutes
50 years ago today one of the truly great books of the 20th century was published: Ayn Rand’s Atlas Shrugged. The hostility evoked by any mention of Rand’s name is of course a given. But at root Rand’s ideas celebrated…
Population Decline in Florida For First Time Since WWII
Reading Time: 1 minute
It’s dramatic. You have a state that was booming and has been a leader in population growth for the last 100 years that suddenly has seen a substantial shift. – Stanley Smith, Economics Professor, University of Florida, who compiled the…