Remember the ground breaking, massive generational study the Pew Research Center released? The one that showed that despite all of their good qualities, a vast majority of the so-called "silent generation" (those born prior to 1928) and, to a somewhat lesser degree the "greatest generation" (those born from 1928 through 1945) were, on many issues such as interracial relationships and gay marriage, unrepentant irrational bigots? Yeah, that one. The real world implications of that study were … [Read more...]
The Reason I Love America …

In the past 30 or 60 days, the amount I charged and then immediately paid off on the company's American Express card for small costs like office supplies, software, and hosting fees was more than the current market value of the house where I grew up as a child ... and it is the slowest month of our fiscal year. It is the home where I learned how to invest by reading everything I could get from the public library and where my parents started their now incredibly successful company in the tiny, … [Read more...]
How to Marry a Millionaire – An Economic Update on the 1953 Film

In 1953, a great movie starring Lauren Bacall, Bette Grable and Marilyn Monroe was released called How to Marry a Millionaire. I got curious as to how much money it would take to equal the same net worth today so I did an inflation adjustment because I wanted to know how big their motivation was in the film. Turns out, someone who had $1 million in 1953 would have roughly $8 million today. That kind of asset base should generate cash dividends or interest of $34,000 per month without … [Read more...]
Serious Questions … Do You Have Any Answers?
If someone owns a piece of land, do they own it all the way to the center of the earth? How fast do hotcakes sell? Why is there a disclaimer on the Allstate Auto Insurance commercials that says "Not available in all states"? How far east can you go before you're heading west? Do dentists go to other dentists or do they just do it themselves? Why is it that everyone driving faster than you is considered an idiot and everyone driving slower than you is a moron? If pro and con are … [Read more...]
Why the iPhone Will Continue to Dominate the Smart Phone Market Even if It Doesn’t Have the Biggest Screen or Fastest Processor

It All Comes Down to the Existing Investment Consumers Have Made in their iTunes Library of Music, Movies, Games, Apps, and Television Shows It seems that a handful of tech folks and business bloggers - and, in fact, even my own brother - don't seem to understand that the reason people choose the iPhone over other smart phones, even if those other smart phones have bigger screens, more memory, and non-restricted applications, is because tens of millions of consumers now have a vested … [Read more...]
On Tonight’s Menu: The Julia Child Beef Bourguignon Recipe

Two of our best friends are visiting from Ohio this weekend and so we decided to try the now-famous Julia Child beef bourguignon recipe from Mastering the Art of French Cooking. After seeing the movie Julie & Julia last Sunday with my mom, everyone thought it would be fun to give it a go. We found that the Julia Child beef bourguignon recipe was being given away for free by the publisher of her magnum opus, so I thought I'd share them with you here. It sounds magnificent and, given … [Read more...]




