For a long time, I wanted to be a video game programmer. When I was still in elementary school, I saved up the $200 or so dollars for an entry-level version of Microsoft Visual Basic, went to trade shows to buy software on 5"+ floppy disks, and worked on creating my own version of the original Legend of Zelda in Microsoft Basic. At some point, however, my obsession with finance overcame everything and the idea of sitting in a skyscraper, reading stock reports, and compounding money for the … [Read more...]
DeLong Sportswear Files for Chapter 7 Bankruptcy

If you are involved in the sporting goods industry, you probably know that there are only a handful of companies that manufacture letterman jackets in the United States. Among the biggest was a company called DeLong Sportswear, headquartered in Grinnell, Iowa. A few months ago, rumors are that DeLong went into Chapter 7 bankruptcy and was scheduled for a liquidation of assets (although some sources say DeLong merely closed its doors and didn't actually file). The town in which the firm … [Read more...]
We Sold a $700 Watch Case to the United Arab Emirates

When you own businesses, certain orders just make you happy. Of course, you appreciate every one, no matter how small. From time to time, however, there is something about a particular piece of business that just makes you smile. We actually do respectable global business through many of our online businesses. Surprisingly, quite a bit comes from The United Arab Emirates, specifically areas such as Abu Dhabi. Apparently, we just sold a $700 watch to a professional soccer star and are … [Read more...]
Aurora Talentum Classic Fountain Pen

Lately, I've been writing with a black and gold fountain pen from Aurora. It came as part of the inventory expansion we did at Kennon Home Accessories to launch the pen business this winter, and I've got to say, I've never written with anything like it. Truth be told, despite it being only $325 retail, it feels far more durable and enjoyable than some of the $850 or $1,200 pens I own. Quantity: … [Read more...]
Michel Perchin Pens Really Turn Me On

When I was a teenager sitting in high school French class, I recall relentlessly mocking my teacher for the idiocy of buying a $200 or $300 pen. Fast forward to today, and not only do I have a massive pen collection, but I've fallen completely and totally in love with Michel Perchin pens to the point that when I have the retail store launch it's full in-store pen department in the fourth quarter of this year, we are going to bring them in and sell them. The average retail price for most of … [Read more...]
Video Game Sales Fall for 5th Straight Month and Wall Street Blames … the Recession?

According to an AP Article, sales of video games have plunged 29% year-over-year and Wall Street is concerned that it is proof the video game market isn't as recession-resistant as everyone believed. Seriously. That's the crap that's coming out of these news rooms. News flash: Look at the game release schedules. Last year saw a host of relaunches of various Final Fantasy titles, new version of the Civilization franchise, another installment of Harvest Moon, and the updated Soul … [Read more...]
How to Make $10,000,000 After Taxes in a Few Years

I’m sitting in my investing office, looking over the river behind the property, figuring out what I’m going to do for the day. I’ve got a cup of coffee in my Seattle’s Best mug from Border’s and am listening to Roosterspur Bridge by Tori Amos. The ideal would be to plow into a giant pile of stock reports but that isn’t going to be possible for a few days because the operating businesses need my attention. We have so many opportunities over the next twelve months to explode in … [Read more...]
The New Team Supply Business Launches This Week

There's some exciting news coming out of headquarters in the next few days regarding the expansion of our flagship custom apparel company. We're going to aggressively go after a new market that has seen its primary players devastated by the credit crisis and, like any good American, we are going to use the situation to our advantage. We are working until about 4 in the morning to launch the new team supply business, which will be a division of Mount Olympus Awards ™, the successful … [Read more...]




