WSJ’s Andy Kessler on the GameStop Stock-Trading Fiasco: “Old Wine in New Bottles”

Greater and Lesser Fools Grizzled investors will tell you that if you feel euphoric after a trade, it wasn’t a good one. You should feel awful and be second-guessing yourself. That’s the sign of a great trade.” –Andy Kessler, “A Stock-Trading Dupe is Born Every Minute”; The Wall Street Journal (2/21/2021).  Admittedly, three weeks does seem...
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“Congress Should be Able to Work Remotely” (I said, almost 30(!) years ago)

“Better Late Than Never” Dept. “Congress, Come Home: Faxes Can Do the Talking on Capitol Hill”** –Ross Kaplan, Star Tribune Op-Ed page (1993). OK, so I got the part about faxes wrong: today’s technology, including Zoom, FaceTime, and streaming video, positively blows away fax machines. And, I didn’t anticipate the health and safety reason (i.e.,...
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Can Home Sellers Electronically Eavesdrop on Buyers Viewing Their Home?

The Homeowner-Spy [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.  If you need legal advice, please consult an attorney.] RECORDING ON THE PROPERTY:  Seller understands that MN Statute 626A.02 specifically prohibits the interception of oral communications without the...
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MLS to Listing Agents: “Allow Consumer Comment on Internet? Check ‘Yes’ or ‘No'”

Why Hand Online Cranks a Megaphone?? “In the architecture of online media, comment sections are the septic tanks.” –“Still Kickin”; Mpls St. Paul Magazine (April 2016) I don’t know about other agents, but there’s not much doubt in my mind about whether or not to allow online consumer comments for a listing. In case it’s unclear,...
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New Homeowner “To Do” List: Change Locks, Meet Neighbors, Reprogram “Nest” (Huh??)

Analog vs. Virtual Unlocked Doors Once upon a time, standard Realtor advice to new homeowners, post-closing, was to change the locks:  even if the Seller delivered all known keys to the Buyer, there was always the possibility of neighbors or friends possessing a “stray.” Now, thanks to smart homes — and specifically, Nest thermostats — there’s...
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“Why Not Cleveland?”, Indeed (Or Des Moines, or Memphis, or ???)

New High Tech Headquarters: ‘the Cloud’ “Eventually, the founders of TOA Technologies headquartered in Cleveland. Why not? As they say: “On the Internet, no one knows you’re a dog” ” or in Cleveland or Mosul.” –Thomas Friedman, “Makers and Breakers“; The NYT (11/9/2014) I don’t know how much homes in Cleveland cost, but I’ve got...
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