Two stories about celebrities. Johnny Manziel, two days after turning 20, was at the top of his game. As a rookie quarterback, still one year from reaching the legal drinking-age, Johnny Manziel set conference records and knocked Alabama off their pedestal in 2012. He won college football’s crown jewel, The Heisman Trophy, that same year. Many…
In the first chapter of The Reality Bug the fourth novel of the Pendragon series, Bobby Pendragon is walking through Rubic City in Veelox, a foreign metropolis. Rubic City has paved streets, towering skyscrapers and is very similar to Bobby’s Earth. However, there is a striking difference. There are no people. Rubic City is a post-apocalyptic Manhattan, where the…
Kyle Bass, who was just nine years old when he graduated from college, had already established himself as a young finance professional with a lot of ambition. Bass, who spent two years with Prudential Securities as a stockbroker, joined Bear Stearns in Dallas, where he rose quickly through the ranks to become senior managing director by…
The process is simple and goes like this: I first invest in an S&P 500 Index Fund. Then, I chill. Simple, no? It is because of the following reasons that I “index-and-chill”. The reason I “index and chill” is as follows. For those who are curious, I started out with $6,000 After this rollercoaster ride, I came…
In the history of the financial markets, no one has ever invested in something with the thought, “Man, this is going to be so painful.” We don’t always make money. Sometimes we even lose money when investing. You may have purchased Meta stock prior to its price being cut in half due to the company’s slowing…
Let me explain the stock market. Companies are entities which (typically), sell products to make money. Apple sells iPhones and sometimes carbon credits, McDonald’s offers burgers and Amazon has everything. These companies are all owned by people, and ownership stakes can change. Private transactions are usually used to buy and sell smaller companies, just like when you or…
Ash Barty, a 23 year old Australian, took over the Tennis World in March 2019 when she beat three of the top ten players including Petra Kvitova, Karolina pliskova and Karolina Slijkova, on her way to winning Miami Open. She defeated Marketa Vondrousova, in the French Open finals two months later. In the final…
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…
