The Wall Street Journal Editorial Board Swings and (Badly) Misses [Note to readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] It’s difficult to think Mr. Trump ever envisioned what followed [his...Read More
Back to the Future (Make That, “Jan. 20, 2017”) [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] After today’s 2,000 point rout, the Dow — at 23,851 — is...Read More
Is There Such a Thing as “Solace Food??” Never mind comfort food. Whether it’s the local weather (cold, wet, and dark); the drumbeat of incessantly negative news (Pittsburgh synagogue massacre, mail bombs, immigrant caravans, etc.); or just unrelenting 24/7 Trump, the Kaplan household is lately craving something more . . . potent. Call it, “solace food.”...Read More
Scrambled Headlines? Maybe Not . . . Today’s headlines are scary enough if you don’t have dyslexia. Unfortunately, if you do (my case is very mild), it can make things exponentially worse. Take, for example, the headline in today’s Wall Street Journal: “Alabama Hears Final Pitch” My brain converted that into these variations: “Alabama Fears Final Hitch”...Read More
[Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] While the world awaits details of the latest terrorist horror in Brussels, two knee-jerk responses: 1) the Government vs. Apple pendulum just got a big shove in the direction of...Read More
“Voting” your Home, or Your 401(k)?New York Times business columnist Floyd Norris has a provocative piece today titled “Housing Prices and McCain”: http://norris.blogs.nytimes.com/ Norris’ premise is that Obama defections are likeliest in “red” states where home prices have dropped the most. Could be, although you’d be hard-pressed to isolate just one factor in causing a...Read More