Elon Musk has a strange nerdy personality. He joked that he has Aspergers when hosting Saturday Night Live. He also regularly sleeps on the couches of his friends because he does not own a house. Elon Musk’s worth is $200B, too, because he cofounded Neuralink, OpenAI and SpaceX. He also founded X.com, which was…
This is the second piece in a two-part blog series covering my thoughts on “money”. If you missed the first part, catch it here. On Tuesday, I took a time-centric approach to explain why we should spend more money sooner. For those who missed my last ramble and don’t want to go digging through your inbox, my thesis…
Recently, I did some math and found that I have been on 44 planes since August 24, 2021. These flights included overnight flights from Atlanta to Europe or South America. Others were Ryanair flights in Europe at a discount of $15. And a few were Spirit Airlines flights from and to Vegas. I flew on average once…
Let me tell you a tale in reverse. Let’s start with the end, and then look at how we got there. The conclusion Meeting other writers can be fun. It’s really cool to meet the author of the best-selling book on finance in the past two years. It’s really cool to chat with the author of the best-selling…
This is a bad time to invest, doesn’t it? At least, it feels like it. The S&P 500 has fallen 23% in the past year, while the Nasdaq has dropped 32%. Housing prices have plummeted, interest rates are rising, and both the British pound (£) and euro (EUR) seem to be heading to zero. The “real” assets. The…
Dazzling lights Flashing signs Cheers to joy! Grumbles of disappointment. No clocks or windows. Just plenty of drinks. Every day, millions of dollars are exchanged through dice thrown, wheel spun, card flipped and cards flipped. Casinos have a unique character. What do you do first when you enter a Casino? You may love the excitement…
Bloomberg published an article on February 12th 2021 titled: He Wants You To Know That He Is The Next Warren Buffett. Chamath Palihapitiya was the man in question. Chamath did not shy away from his label. In an interview with Front Row, the investor stated, “Nobody is going to listen” to Buffett. There must be others who can…
If you’re addicted to social media like I am, you may have seen a TikTok that was circulating last week. It featured a “net worth”. You can skip this abomination of cringe by reading a brief summary. Guy with a net worth of $500k (really cool!) He goes out on a date with his wife. He…
It’s July 2015. I just completed my first two weeks of college football training. Coach K .* was my defensive coordinator. “Raines, I’m very impressed with your work this summer. The strength coaches have given me a glowing report about you. We only allowed 110 players in preseason camp because of the NCAA rules. So we filled the…
Today, I’m writing about our student debt problem. Before diving in, a little context is needed. I am a student of business at Columbia University and have student loans. My classmates are all student loan borrowers. Many of my former classmates at Mercer University are in debt. Since many of my friends and I…
