A few interesting links to check out

Posted at 8:11 on Friday September 15, 2006 | Filed Under Miscellaneous

I've been moving to a new place, so posting has been light this week. But check out the 60+ comments on my post about spending money strategically and not being cheap. According to the commenters, I am right/wrong/eloquent/unqualified, and more. Also, one person accused me of being a greedy bastard, which made me laugh. Anyway, the best comments are where people write about what valuable things they decided to spend on this week. There are already some amazing results.

Also, a few interesting links I've been reading...

  • Death to the 6 percent. This is cool. Why should you pay 6% to sell a house? Check for a future article on how excited I am to see stodgy old industries (like real estate) being disintermediated by new thinking and technologies.
  • Men, women...and money.
  • Someone's comment about IWillTeachYouToBeRich that made me laugh. Also, note the response. There's no evil conspiracy behind why this damn blog is all 1 page. I just didn't set up archives from the beginning and I'm not sure how to do it right now. Don't worry, it's on my to-do list.
  • Visa counsels Durham students on finance. Well, it's a good start.
  • Mickey D's McMakeover. I wonder if some BusinessWeek editor was really proud when they thought of this title. Anyway, with this huge change coming, will you bet for or against their stock? Everyone loves to pick winners retrospectively ("I KNEW oil was going up!!"), so I'd love to see less Monday-morning quarterbacking and more predictive moves.

Stay tuned for Friday Entrepreneurs later today.

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Comments (7)

1.

I'll go ahead and bet that this move is going to be very good for McDonalds over the next 5 - 10 years. The big names in fast food have been in gridlock over the last few years with no dramatic gains either way. I still like Wendy's food the best for a national chain anyway. In-n-Out Burger is great, and Chick Fil A's taste can't be beat. But on a national scale this move to remodel and give McDonalds a fresh new look is very necessary.


Again. I'm betting it will do good things for McDonalds.

Posted by Jay Bryner at September 15, 2006 08:45 AM
2.

Jay, would you be willing to bet on that quick analysis by investing in McDonald's? (Edit: added "on that quick analysis.")

Posted by Ramit Sethi at September 15, 2006 08:59 AM
3.

I'm from Chicago and have seen the prototype in Oakbrook(HQfor McD's) and it's great. It has more of a starbucky feel to it. The good thing about the decor is that it might make people forget that the food is crap and buy more or even hang out. So would I buy. Yep, but that's more b/c here in Chicago the lunch and dinner lines to McD's are always long.

Posted by Isabel at September 15, 2006 09:44 AM
4.

As for the Visa counseling, isn't that like a drug dealer telling kids "Don't do drugs?"

Posted by Isabel at September 15, 2006 09:46 AM
5.

Not sure if that move alone will be enough to revert the trend...

Posted by Innovation Zen at September 15, 2006 10:02 AM
6.

Ramit, I heard that sometimes you work, and sometimes you get paid for that work...


... you greedy bastard!!

Posted by Jonathan at September 15, 2006 03:38 PM
7.

Thats a good analogy, Isabel. But always like to think of it as letting the fox in the hen house. Monumental stupidity.

Posted by debt-free at September 18, 2006 05:45 AM

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This is a blog on personal finance (banking, saving, budgeting, and investing) and personal entrepreneurship.

It's for students, recent graduates, and other young people.

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Ramit Sethi

I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.

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