Somewhat ironically, taking advice from a divorce lawyer could prove to be useful in avoiding divorce. James Sexton is a divorce lawyer in the United States who operates out of New York who charges $750/hour. He himself has also been married and divorced previously, with an amicable co-parenting setup for his two children. His parents […]
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Peter Thiel co-founded PayPal, Palantir, and Founders Fund. He was the first investor in Facebook, with 500,000 in at a $5m valuation for 10% of the company. That investment returned over 20,000,000%, 20 million percent. He also is the author of Peter Thiel, and clearly knows what he’s doing in business and investing. He asks
Peter Thiel’s magnificent 7 questions to ask before investing in a company Read More »
According to Abigail, despite the popularity of therapy, she is a firm believer that therapy overall is not effective and people are better off without therapy. This is pretty controversial considering how popular therapy is and how widespread it is, with an estimated 37% of millennials having gone to therapy at one point in time.
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Joel Greenblatt at Gotham Capital returned 50% per year returns from 1985 to 1994, the highest public increase in public equities in the US. If I could get 1% wiser from his investing wisdom, that would be a small 2% bonus in returns. Values all S&P 500 stocks on a daily basis. Buying companies with
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7 types of people to avoid in life Certain people you meet in life should be in your life for the rest of your life. But other people are not as good. Some people I met in life and I realized in hindsight that the conversation should have ended at “Hello” with nothing more said
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In his book Tribe of Mentors, Tim Ferris interviews various domain experts with just 11 good questions. These are good questions you could ask anyone to start to get an idea of what kind of person they are: What are 1 to 3 books that have greatly influenced your life? What purchase of $100 or
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Life, wealth, and values according to Chamath, an early executive at Facebook turned angel investor and former Golden State Warriors minority owner. -be emotionally rich and available -be coherent and honest with other people -take the advice of others but carefully consider how it applies to you -family, health, knowledge. Next are work, money, friendships
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Written by Chris Miller, Putinomics focuses on power and money in Russia in recent history. Specifically, how Vladimir Putin ended up getting to where he is today from the fall of the Soviet Union. Three goals of government. Centralize power, Prevent discontent, and have private business drive economy without sacrificing first two. Hyperinflation and chaos
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The Wisdom of Solomon, also known as the Book of Wisdom, was removed by the Protestants but was kept in by the Catholic Church. It’s one of the books of Apocrypha, and although was believed to have been written by king Solomon, it seems it was written instead by friends of Solomon in his honor.
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Some people appear wealthy but aren’t. Some people are wealthy but don’t appear to be so. There seems to be a different set of characteristics when looking at the people who do and don’t have it. The millionaire next door describes the qualities and differences between the haves and have nots. -“Big hat no cattle”
The millionaire next door- Thomas Stanley, William Danko Read More »