A reader named Medusa wrote me and, to keep it short, explained that I shouldn't believe people should be rich because the Bible is against rich people, that I was going to die a miserable, lonely old man with no one who loved me because I saved my money instead of spending it, and that after reading a profile I wrote based on Federal Reserve data of the Capitalist Class in the United States, she was starting to consider the possibility that the rich were nothing but oppressors who steal from … [Read more...]
Response to What Is Probably the Most Ignorant Message I’ve Received In 10 Years of Writing Finance Articles
July 26, 2010 By 2 Comments
A Brief Flirtation with a Cinnabon Franchise
March 19, 2010 By Leave a Comment
I mentioned yesterday in the article on Dairy Queen franchise owners that after graduating from college, Aaron and I had looked into putting capital to work by opening several franchises in the town where we grew up. We thought it would be a good place to invest the money we were earning from our other businesses without having to be involved on a day-to-day basis. In other cases, we thought it might be a good way to structure companies so that our immediate family members could make an … [Read more...]
The Dairy Queen Franchisee Revolt
March 18, 2010 By 6 Comments
In the year following graduation from college, Aaron and I looked into opening several Dairy Queen franchises in Kansas City, Missouri and the surrounding suburbs near where we had grown up before leaving for the east coast. Even though we figured we'd end up in a no-income-tax state such as Texas, Washington, or Nevada (paying an extra 6% to 7% of your income in state income taxes per year starts to add up over time), we really liked the idea of owning local businesses that hired local … [Read more...]
I'm a private investor who loves architecture, furniture, clothes, history, philosophy, books, cooking, and music as much as I do finance. 
