I have had an interest in antique rugs for some time, but I can’t clearly explain why. When I go to the office of a professional businessperson, I notice that antique rugs are prominently displayed. Or, when I watch, “Billions,” I see some character has one in their home. Antique rugs are status symbols and works of art to invest
I think that we all lose sight of what Memorial Day really means. We don’t truly appreciate what it means or why we celebrate it. Wait. I won’t project, so, I will speak for myself. For far too many years, I have treated Memorial Day like it was any other holiday. A long, three-day weekend holiday to relax, grill out,
I’m from New York City, where people have paradoxical, near non-sensical relationships with cars. There are about 9 million inhabitants, and it seems like every person has two cars. The city has rush hour traffic jams that turn the streets into parking lots. Every car owner seems also to leave their car at home during working hours to take public
One name from the investment world that you should know about is Seth Klarman. Klarman is a reclusive hedge fund manager and investor. In 1991, Klarman managed over $400 million in assets. Klarman is now the CEO and president of the Baupost investment firm, headquartered in Boston. Baupost manages over $27 billion in assets. Klarman himself is estimated to have
There is a saying that my mother taught me when I was a child that I'll never forget. “You might beat the charge, but you won’t beat the ride.” As a teenager, I knew a crew of kids who would taunt local beat cops. She always persuaded me not to hang out with them. That saying was her way
When I was a kid in the 1980s, a common trope in movie and TV plots was the struggling, average person falling into riches. Like the 1983 comedy Trading Places, featuring Eddie Murphy and Dan Ackroyd. A group of bored billionaires secretly conspire to make a poor street hustler and a wealthy banker, Murphy and Ackroyd respectively, switch lives and
