Category: Investing

Building a Sound Financial Ship

Almost everyone is familiar with the tragic story of the Titanic, but did you know that the Titanic wasn’t the first “unsinkable” ship to meet disaster on her maiden voyage? On August 10, 1628, nearly 300 years before the Titanic disaster, the mighty Swedish warship Vasa set sail from Stockholm harbor. The recently completed ship…

The Majesty of Simplicity

There seems to be some perverse human characteristic that likes to make easy things difficult. – Warren Buffett The great paradox of this remarkable age is that the more complex the world around us becomes, the more simplicity we must seek in order to realize our financial goals. Never underrate…the majesty of simplicity….Simplicity, indeed, is…

3 Riddles, 1 Answer

The Sports Illustrated Cover Jinx Several of my college roommates and I were huge sports fans. Since some of us had been subscribing to Sports Illustrated for many years we came up with what we considered a brilliant idea to decorate our apartment. We gathered up all our old copies of Sports Illustrated, removed the covers, and wallpapered our…

Start Your Own Self-Insurance Company

I recently started my own self-insurance “company”. Here are some details about my new company. Startup Costs: $0 Startup Time: 30 minutes Business Purpose: Take on an increased, although still small, part of the risk of driving a car, owning a home, and purchasing appliances and electronic equipment.   Revenue: Modest but steady. Right now…