How Do We Prepare for Increasingly Expensive Scarce Assets?

Wholesale prices rose 9.6% in November from a year ago, the fastest pace on record. The producer price index, which measures how much factories and industries have to pay for goods and services, has hit yet another new high. These inflation figures tend to lead the CPI (Consumer Price Index) as the producers typically pass […]

Who NOT How

Monday, I spent the day with a select group of top-notch entrepreneurs in Toronto Canada sharpening the saw, refining our purpose and improving our businesses. One of the key concepts we continued to focus on was “Who, not How!”. When most entrepreneurs (including me) face a challenge, our first reaction is to ask: “How do […]

It’s Good to be the Banker

Even when Not Playing Monopoly Thinking more like a banker can provide us many benefits from a tax re-positioning perspective and a loaning vs borrowing / cash flow perspective. Not too long ago, I and a client were interviewed by a reporter at Forbes about the benefits of making serial conversions to Roth IRAs over […]

The Power of Choice & The Pace of Change

Founder and former CEO of Netflix, Marc Randolph spoke at to a group of us last week about the power of ideas and entrepreneurism at the annual Excell meeting in Las Vegas.  It was refreshing to hear which experiences have shaped his thinking and most importantly how he has learned much more from his failures […]

Is There Nothing to Fear?

My children finished out their last days of school this week.  Sydney will be heading off to middle school after the summer and all three of them are thinking much more about what fun they will have over vacation than anything else.  The month of May usually starts off a summer period in the markets […]

Are You a Believer?

According to legend, experts said for years that the human body was incapable of running a four minute mile.  It wasn’t just dangerous; it was impossible. During the 1940s, the record was pushed to 4:01 where it stood for nine years but on May 6, 1954, Roger Bannister broke the 4 minute barrier with at […]