Wall Street Financier: Notes from High Altitude©
He who makes a beast out of himself gets rid of the pain of being a man.
Crowdfunding allows the average consumer to invest in the average [new] company, while before the JOBS Act of 2012 that early participation was open to accredited investors only. Things for anyone considering investing under Regulation A+ or Regulation CF that came out of CrowdInvest Summit 2016: Businesses need people who care …
I write this blog for those who want to win at life, for those who are already winners and want to improve, as well as for those who are building themselves up. Unpredictability has long been singled out of a source of power: look at both Eastern and Western traditions. …
That’s the question an acquaintance asked me yesterday. Answer: Same way I do it every day. Avoid value traps. What those are it is up to you and your judgement. Why, Warren Buffet could care less that Trump comes to the office. Buffet stays put and knows how to play. …
Snapchat (recently renamed Snap Inc.) has filed for an IPO reportedly set for Q1 2017. Snap is seeking a valuation of $25 Bn according to reports at Bloomberg . While we do not have access to Snap’s financials since it is not a public company, the question arises if such a rich …
I have to admit, I am a student of the mind. I think mind discipline is the foundation for critical success. Physical endurance strength results in increased mental strength. The BUD/S training is the 6-month training that Navy SEALS undergo before they graduate. The First Phase of BUD/S consists of …
How good are you at picking bullshit spewed by other people ? A reasonable question to ask yourself, if you’re manager (and perhaps because you work for a manager). Maria Popova picked up on Carl Sagan’s Baloney Detection Kit, found in a Chapter in Carl Sagan’s The Demon Haunted World …
A reader writes: “I have a boss that’s like a twin clone of Donald. He’s “larger than life”, imposing, snappy and controlling and folks tremble when we are in a meeting with him. He’s unhappy with my reports (I’m a Controller at a middle market company), gnashes his teeth at …
“A successful man is one who can lay a firm foundation with the bricks others have thrown at him.” – David Brinkley The Presidential election came as a surprise to many, and the question is: How did Donald win ? Was it by taking the white majority vote of unsatisfied …
Andrew Caspersen, a “scion” of Wall Street was recently sentenced to four years in prison for defrauding investors including friends, family members and a charity foundation out of $38.5 MM in a Ponzi-like scheme. That sentence came out the lower end of the sentencing guidelines, as prosecutors have sought out …
The great book “The Book of Family Traditions on the Art of War” by samurai Yagyu Munemori gives a shrewd account of what attaining great function is: “When marvels come forth immediately and naturally at the appropriate time because the potential is always there within, this is called great function.” …
