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In 2010, New York-based entrepreneur Adam Neumann had an idea: to lease office space to companies all over the world on a short-term basis. Usually when a company leases office space, it has to sign a long-term contract; but Neumann wanted to lease space to businesses for terms as short
In 663 BC, King Ashurbanipal of the Assyrian Empire invaded Egypt and sacked the city of Waset (located in modern day Luxor on the Nile River). Ashurbanipal vanquished the city, purportedly seizing more than 75 metric tons of silver for his personal collection. At the time in the ancient world,
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances and your prosperity. Singapore officially bans ‘fake’ news Singapore is great for a lot of things– banking, business, trade, etc. But it
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Yesterday, I was looking at commercial properties for an Opportunity Zone investment… and one project in particular is really attractive. The building itself is inexpensive– only a couple of million dollars to buy it and a few more to renovate. Frankly, for a large spacious office building in one of
At some point between the years 1483 and 1485, a Genoese businessman named Cristoffa Corombo had the opportunity to pitch his idea to King John II of Portugal. This period was the dawn of what historians call the ‘Age of Discovery,’ a time when European explorers sailed all over the
Are you ready for this week’s absurdity? You might want to grab a drink for this one… or take a moment to listen to some soothing meditation music. Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, finances, and possibly
What is your favorite coffee shop or restaurant? Which doctor’s office and dentist do you prefer to go to? I bet these are all within, say, 15 minutes of your home. That makes sense–who wants to drive three hours to get coffee, or take a plane to their dentist? But
In July 1994, an ex-hedge fund VP left his cushy Wall Street job and started a new company called Cadabra, Inc. He wanted to capitalize on an emerging trend that was called the “Information Superhighway” back then, what we now know today as the Internet. Cadabra was an early ‘dot-com’
Warren Buffett, despite his extraordinary investment success, has a rather famous and long-standing love/hate relationship with precious metals. Maybe it started with his dad– Congressman Howard Buffett of Nebraska– who, as a staunch advocate for the gold standard, argued to his colleagues on Capitol Hill that “paper money systems have
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty and finances. New York City starts banning words You can now be fined $250,000 in New York City for using the term “Illegal alien”
In early May in the year 878 AD, Alfred the Great of the Kingdom of Wessex fought a decisive battle against a massive Viking army at a place called Ethandun in southwest England. Alfred won the battle, defeated the Vikings, recaptured London, and united England under his rule; he’s generally
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