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A couple of weeks ago, I wrote about my personal opportunity philosophy borrowed and adapted from Napoleon Hill author of “Think and Grow Rich” and student of many of this century’s early success stories including Andrew Carnegie.
Reading an article on Bloomberg today, I found more evidence that this philosophy is true. Read more »
Posted in GeneralAccording to an article published on Bloomberg.com yesterday, the US national debt is now $10.7 trillion, up from $9.15 trillion just one year ago.
That’s a staggering increase of $1.55 trillion in just twelve months, meaning that the outflow from the US Treasury is greater than the inflow by about $129 billion per month. Broken down further, it’s downright depressing: Read more »
Posted in General
While traveling last week, I picked up a copy of ‘The Wall Street Journal’ (Thursday, December 4, 2008). While perusing through the paper, I noticed a few interesting headlines confirming to me my long held theory of “Change creates opportunity” is true.
On the front page of ‘The Journal’ was a story about the Harvard Endowment fund. In the first 4 months of this year, the fund is down 22%. While in today’s volatile markets, a 22% drop might not seem all that out of the ordinary, it does cut directly and drastically to available resources in the fund. Read more »
Posted in General