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Lately I’ve been looking at a number of office buildings in San Juan– I own two businesses that are based here in Puerto Rico, and it’s about time the team moved to a larger space. I was really impressed with what I saw– there are a number of compelling new
Buckle up, this one’s going to be entertaining… because I should have called this note “Why you should always read the fine print.” This morning I read through the prospectus and annual reports of the most popular Gold ETFs in the world. First, some background: ETF stands for ‘exchange-traded fund’.
Happy Friday everyone. Let’s bring on the weekly absurdity! School cop handcuffs and screams at autistic 8-year-old An eight year old autistic boy in Southlake, Texas became agitated in his guidance counselor’s office. At one point the child became fidgety and took out a jump rope (that had been provided
Last week we dove into a series about different ways to own gold. And I explained in that first article why it’s a great idea to own physical bullion– gold you can hold in your hand. With physical gold, there’s no middleman standing between you and your wealth. And when
On January 20, 1841, after delivering a series of military defeats to Imperial China in the First Opium War, British forces landed in Hong Kong and took control of the island. Hong Kong was hugely important for the British economy because it ensured access to the Chinese market. And they
Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week. Local tax collector ruins children’s entrepreneurship event Every summer, a Utah non-profit agency called the Libertas Institute holds an entrepreneurship event for children. It’s a wonderful idea– children as
In 1978, a scruffy-looking Frenchman named Patrick Hernandez signed his first-ever recording contract. He had spent the better part of the previous decade touring ballrooms in France, backing b-class singers without any real success to show for himself. But in late 1978, he released his very first single, “Born to
Every morning here in Puerto Rico, I wake up around 6am as the sun rises over the ocean in front of my house. And I pretty much head straight to the gym. Once there, one of my favorite medieval torture devices is a fairly new exercise bike called a Peloton.
Last week at a Bernie Sanders campaign stop, someone ask him a question that began with, “Yesterday, oligarch David Koch passed away…” The Bolshevik crowd interrupted immediately with ebullient cheers, joyfully celebrating the death of a man they had never met and knew nothing about. If you hadn’t heard, multi-billionaire
In 1962 in a picturesque setting in Santa Barbara, California, two local entrepreneurs opened a low-cost, roadside inn where the nightly room rate was just $6. They called it Motel 6. And today the chain has grown to over 1,400 locations. If you want the most straightforward explanation for why
Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week. Can’t sue cop for breaking domestic violence victim’s bones It all started when a boyfriend playfully tried to push his girlfriend into the pool. Most people would see that
Earlier this year the US government reported that Social Security’s long-term, unfunded liability now exceeds $50 TRILLION. Moreover, they forecast that the Social Security and Medicare trust funds will run out of money in 2034. This is the government’s own calculation. (And the government’s math is based on rosy assumptions
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