It’s long been said that it is more important to avoid bad investments than it is to find good investments. “A single bad deal can wipe out a lifetime of work,” or so the sentiment goes. There is a great truth in that. It was the first thing I thought of this morning when I read the Wall Street Journal coverage of the Bank of America / Countrywide Mortgage merger four years ago.
Texas knows cattle. Yesterday, I had the best cheeseburger I have ever had in my life. Literally. This evening, we did dinner at Bob’s Steak and Chop House in the Omni Hotel in downtown Dallas, Texas. Two of us went with a New York Strip and two with the filet mignon and I have to…
I’m in for a night of crunching financials on spreadsheets to try and figure out if a potential opportunity we came to Texas to examine is feasible or wise at various price ranges. It’s going to be a long night, so everyone ordered up milk and cookies to sustain us until the wee hours of…
My family and I stopped by the Neiman Marcus flagship store in downtown Dallas for several hours this afternoon between business commitments to look at tableware, crystal, and fragrances. The store is wonderful. I won’t get into the housewares I found (my favorite being a pewter accented serving pitcher adorned with sculpted fruits for when…
We are finally in Dallas. As far as cities go, I love Dallas. I’m thrilled with Dallas. It, like me, is fiscally conservative and socially liberal. There is plenty of high-end shopping. There are world-class restaurants. Several major airports are within driving distance. Unlike my former home in the New York metro area, I can still…
Waco, Texas has some of the best cupcakes in the world. Who would have thought it? As I mentioned earlier, in the past couple of days, I’ve been in Oklahoma City, Fort Worth, Waco, and I am about to head to Dallas. Before leaving Waco, we stopped by a cupcake bakery that came highly recommended.…
Normally, I am a 4-to-5 star hotel guy but in smaller cities, those options don’t exist so I default to a handful of well-known brands, such as Hilton. I can say definitively that the Hilton Hotel in Waco, Texas, is a perfect example of how a single great employee or two can make a business stand out to…
I am in a small city in Texas on business. I need to stop by several of the cities here to accomplish various things. As of this moment, I’m in Waco. We were in Fort Worth this afternoon and Oklahoma City this morning. Tomorrow, I’m heading to Dallas for a few days for an unrelated…
Imagine it is 1987. Tiffany & Company is raising money by issuing shares to the public at $23.00 each. You have some savings and are thinking about starting a business. Instead of running your own enterprise, you decide to focus on your day job and become a co-owner of one of the most famous businesses…
The other night, while I was working, I caught an episode of the television series Supernatural. It was Season 5, when Dean meets Death; as in the rider of the pale white horse in the Book of Revelations during the end times apocalypse. He had been freed prior to the all-out destruction of the Earth because Lucifer…