The first of two posts that I will be writing about my thoughts on money. The second half will be released on Thursday. I hope you like it. The Value of Time principle is an important finance concept that tells us the amount of change in value between two dates, given an annual return. Using the…
There are only a few more days in 2023. The time flies by, doesn’t he? As we close out the year 2022, I want to share with you a few thoughts I’ve had, some goals for next year, as well as a quick Q&A. Let’s start. A Big Personal Shift for 2022 Between August 2021 and August 2022…
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…
Kevin O’Leary lives a life most people could only imagine. He became a multi-millionaire after selling his business to Mattel, in 1999, eight years after he founded SoftKey. O’Leary earned millions from an investment in self-storage eight years later. He then launched O’Leary Funds – a mutual funds company – and O’Leary Ventures – an early…
I am a poker player. I play poker a lot. The greatest game of all time is played at a poker table where skill, money, luck, adrenaline and probability are combined. I was in London last Tuesday with my friend Jake. We are both poker enthusiasts, so we visited the Hippodrome Casino located in Soho. Three hours later, the…
Financially Responsible You’ve probably heard some of these sentences about money. Be responsible with your finances. “ Are you sure you want to buy that? “ Think about other ways you can spend the same amount of money. “ You need to save more. “ This is the Venmo caption I sent to my roommate when we celebrated one…
It’s not internal bleeding, failed surgeries, or ineffective rehabilitation that causes the most surgical complications. The most common surgical complication is prolonged opioid use post-surgery. This is not a surprising phenomenon. Patients are in excruciating pain after surgery. Doctors prescribe OxyContin to ease this pain. OxyContin relieves pain by releasing dopamine, which floods our brains with “feel-good chemicals”. Dopamine…
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…
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…
The Merriam-Webster Dictionary defines “luck” as ” an event or circumstance that works for or against a person. “ It is easy to identify good and bad luck: It is good luck to bet on red and have the ball land on Red 23, The ball rolling into Red 23 and then ricocheting back to Black 10…
