Short answer . . .
Smart money makes more money.
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Much longer answer for detail people, . . . https://www.investopedia.com/terms/s/smart-money.asp
Pomp and Circumstance
OK, first the facts: My wife and I have 3 kids. The 2 youngest are twins. The twins graduated from high school this week. I'll let that sink in for a few seconds… That means that in a less than 3 months, my wife and I will have all 3 of our kids in college,…
Read MoreRun for the Roses … and $163.60
I was one of the millions watching the Kentucky Derby last weekend. They call it the “most exciting 2 minutes in sports.” If you didn't see it or just didn't care, the horse that was picked to finish DEAD LAST ended up winning which meant that anyone who bet on that horse, won a bundle…
Read MoreA Tisket a Tasket; What's In My Basket?
Every so often, I dust off my economist hat and dig into the numbers showing what's gone up and what's gone down. Certainly, everyone has their own interpretations of what all that data means so as they say in the car commercials, “your mileage may vary.” Now, it's been many years since it was…
Read MoreIt Seemed Like a Good Idea at the Time…
My wife and I are in the throes of a bathroom renovation project. Our two daughters share a bathroom upstairs and it is in dire need of a complete overhaul. If you've ever embarked on such a journey, you know that it's fraught with expensive surprises (Note: any story containing both the words “fraught” and…
Read MoreBack to the Future … or the Past (VIDEO)
OK, here's my attempt at FILMING a blog post! Let's see how it goes. Here's the link to the video: https://youtu.be/tClb7m7t-P8 I am well aware that I'm nobody's idea of Stephen Spielberg (or even George Clooney) and the camera work is pretty shoddy (good help is SO hard to find) but I had fun…
Read MoreOur House Is a Very Very Very Fine House
A friend sold his house recently. It's an amazing house. It was amazing BEFORE he bought it 7 years ago and then he went and put a ton of money into it and significantly multiplied the amazingness (is that a word?). He put in a pool, a cabana, flower gardens, new floors, just a ton…
Read MoreGo For the…bronze?
I'm a huge fan of the Winter Olympics. Maybe it's because I grew up only a few hours from Lake Placid and the “Miracle on Ice”. If you grew up in Upstate New York in a pre-Nintendo world, where everything is frozen 5 months a year, you had to find stuff to do so…
Read MoreHeard From the Herd
I suppose if you work at something long enough, you get to witness the grand parade of colorful vocabulary that inevitably passes through. Having been involved with startup companies and venture capital since the late-1990's, I've seen and heard a few things. Back then, if you got on a plane going anywhere near Northern…
Read MoreAnd the 4th Little Pig Built My House
I bought my house 15 years ago and I still can't figure it out. Let me explain. My house was built in 1942 and I think I am the fourth owner of this “magnificent” structure, a big brick colonial with an addition that someone built back in the 70's (linoleum on the floor, 70's colors,…
Read MoreWhat's It Worth To Ya??
I was driving the other day and a car ZOOMED up behind me. It was a Lamborghini, a red one, and it whizzed by me like a rocket. My first thought (after saying “whoa…that's wicked cool“) was that I'd never want a car like that and I'm perfectly content with my Honda. (Even as I…
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