The house sitters have moved into my townhouse for the next month, the security system has been upgraded, and we are off to New York. It is 9:54 a.m., Central Standard Time, and I am flying somewhere over the Midwest on an Express Jet bound for Newark, where a driver will pick me up and…
Tonight, we had dinner at Aaron’s parents house to celebrate some birthdays in his family. His dad made fried catfish and his mom an angel food cake, both of which were good.
One of my sisters went to a Comic-Con event and brought me a Legend of Zelda pixel art magnet. I love it.
The experience of Johnson & Johnson owners over the past decade is informative in understanding the role valuation and growth plays in determining total return outcome. Let’s take a closer look.
Last night, I realized that I needed to take a trip to the local Charles Schwab & Company branch office to turn over a framed Berkshire Hathaway Class B certificate that we had on the office wall for a few years as decor because the stock split 50-1 and the transfer agent had been continually…
We had hoped to have time to swing by Washington, D.C. on our upcoming business trip to New York but it looks like that won’t happen because we need to spend more time in New York and New Jersey. My mom wanted to try this place called Georgetown Cupcake in Washington and now that we…
Most days, I spend my time working and generating money to grow my investments. Today was one of those days that we cashed in some chips for enjoyment and spent. I didn’t plan on it but shortly after lunch, Aaron told me the custom shirts he designed at Brooks Brothers on January 13th were ready for…
There is a scene in the final moments of Meet Joe Black in which Anthony Hopkin’s character, William Parrish, knowing that he will face death in a few short hours, gives a speech to those attending his 65th birthday party. “I thought I was going to sneak away tonight. What a glorious night. Every face I…
One way to begin making money is to create and own synthetic equity in other companies. This technique is one that Aaron and I used early in our career and was very lucrative for us, providing a stream of profit and cash for us to fund our other investments.
I found some of our old tax filings from last decade! It turns out that around our college days, living together in the apartment complex next to the Quakerbridge Mall in Princeton, New Jersey, our combined household income was somewhere between $80,000 and $100,000 even though neither of us had full-time jobs and we were both students attending school on music scholarships. (This is the same apartment that I showed you a few months ago.) The difference between the two figures depends on whether you count unrealized capital gains as “income” since our net worth was increasing but it didn’t reflect in our taxes at the time.
