Tag Archive for: wsj

Is Everything in America Bullsh*t? The J.Crew Story

/in ,
I took my Korean niece to the Fort Worth stockyards and was absolutely amazed! The stockyards themselves are a fascinating piece of American history. Established in 1849, they became a massive hub for shipping cattle to the rest of America and they played a huge role in the creation of America’s monstrous beef industry. By […]Read More

A.I. Will Create Far More Jobs Than It Kills

/in
I had a friend in high school who worked for Sentry Insurance as a typist for what would be about $40 per hour today – and man was I jealous. The law firms and investment banks I worked at in the 1980s also had “typist pools” for the old guys (we youngsters were utterly perplexed […]Read More

What Rent vs. Buy Analyses MISS! (Huge Esoteric Benefits Of Homeownership)

/in , ,
RISING RATES ALTER CALCULUS OF BUYING VS. RENTING The above headline is a link taken directly from the WSJ. I am blogging about it because rent vs. buy analyses are often ridiculously misleading and they miss so much! A typical rent vs. buy calculator like Freddie Mac’s will look at the total cost of renting […]Read More

Inflation; Mercedes S-Class Cars; Here To Stay? Does It Matter?

/in ,
MERCEDES S-CLASS SEDANS COST 1/2 OF WHAT THEY COST IN 1979 Leonard Steinberg wrote this in his excellent blog last week: “In 1979 a Mercedes S-Class cost about $34,000. Today about four decades later, an S-Class Mercedes sells for around $111,000, more than triple.” He was illuminating just how much inflation there already has been […]Read More

WSJ: “Low Appraisals Upend Home Sales”

/in ,
The WSJ had this front page headline recently: Low Appraisals Upend Home Sales. And, I thought – where have you been, WSJ? Then, I thought… I should blog about this because it is a great way to warn homebuyers about potential appraisal issues. “IT’S ALL SO SUBJECTIVE” So said a seller whose house appraised for […]Read More

OLD Coaches Changing NFL – NOT the Young; Need to Innovate!

/in ,
Ten years ago, the New England Patriots led the Indianapolis Colts 34 to 28 late in the 4th Quarter, and it was “4th and 2.” (even if you’re not a football fan, keep reading; the blog is short and there is a great message here 😊) New England’s coach, Bill Belichick, decided to go for […]Read More