Everybody wants to write a book

May 31st, 2006

There's a difference between loving something and loving the idea of something. This is why studying the classics sounds so romantic, but reading Herodotus feels like playing that eat-licorice-from-both-ends-with-someone-you-like, except with a large and indelicate woodpecker. I recently found 3 articles that summed this up nicely. The first was a New York Times article by Joseph Epstein. He wrote about ...

“I can’t get a credit card because I don’t have income”

May 30th, 2006

One of my friends called me yesterday and told me she had no credit card, so could she borrow mine to make some purchase? This is the equivalent to one of Dr. Koop's friends being morbidly obese because of only eating butter. Imagine how angry it made me!!! Anyway, I told her to get a credit card and start building ...

What is up with The Motley Fool?

May 25th, 2006

What is up with The Motley Fool? They used to give great advice, but now it seems like they just try to sell their latest newsletter: "Need help? You can learn all about Tom Gardner's approach to finding undercovered, undervalued stocks with strong fundamentals and real earnings. If you'd like to subscribe, you can try Tom's complete Hidden Gems service ...

Back from a conference, catching up

May 23rd, 2006

I was speaking at a conference in Chicago this weekend (it was cool--President Bush was speaking in the same building, so there were Secret Service agents and German shepherds milling around). Anyway, I'm catching up on stuff. More postings to come soon.

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8 stupid frat-boy business ideas

May 19th, 2006

First of all, let me say that I loved writing this. See, when I was in college, I would walk by the Quad and see a poster for some new book-exchange service literally every week. "SCREW THE BOOKSTORE!!!" it would say. "TRADE YOUR USED BOOKS WITH THIS NEW SERVICE!" The idea is that bookstores charge too much, so why not ...

Oh my god: “A global correction” is underway!

May 18th, 2006

The stock markets dropped a fair amount yesterday and now people are being a little sensationalistic for my tastes. Look at this image from CNN.com last night: OH MY GOD!!! WE BETTER DO SOMETHING!! Buy! Sell!! ANYTHING!! Get a life. All of a sudden, a global correction is underway, but I want to give you some perspective: First, it's ...