Make that *200 Mercedes Benzes, at $100k a pop Oh Lord, won’t you buy me a Mercedes Benz ? My friends all drive Porsches, I must make amends. Worked hard all my lifetime, no help from my friends, So Lord, won’t you buy me a Mercedes Benz ? –Janis Joplin; lyrics, “Mercedes Benz” It’s hard...Read More
Dog Days of Summer Winter At least in Minnesota, the Dog Days of Winter come a little earlier than their Summer counterpart — presumably, because Winter here starts so early. But by early February — or whenever the snow on the ground turns more grey than white — you know they’re here. Along with the lengthening days...Read More
What’s an “upcharge?” When the waiter informs you that it will be an extra $3 to guaranty that no eel or shrimp come with the “sushi combo” lunch special (true). (I took my chances, and declined to pay it). So, what’s a “downcharge?” When the cashier at The Wedge reminds you that you have $5 in...Read More
Netflix at 150x Trailing Earnings? No Thanks “Vuja de“: the distinct sense that somehow, something that just happened has never happened before. Nothing seems familiar. And then suddenly the feeling is gone. –George Carlin Worried about an overheated stock market, the smart money took some of their chips off the table, and started moving it...Read More
Planning for Life After, uh . . Retirement “Be smart. Save your money, get educated, buy property. Plan for life after retirement.” Guess which enlightened CEO said the above to their employees? The CEO of Exxon Mobil? Maybe Best Buy? Try, Dawn Rizos, the chief executive of the Lodge, a Dallas strip-club (albeit the high-end kind). See, “Naked...Read More
Side Effect(s) of a Sluggish Market Some things are just ingrained in you: you don’t leave the Kitchen with a pot of boiling water on the stove. You don’t leave the house — at least during the day — with the lights on. And, if you’re a Realtor, you don’t leave a “live” (counter)offer on the...Read More
