Alan Greenberg, often known as Ace, died recently. He had been the chairman of Bear, Stearns and was known for his dictates to his employees. One of the most famous was the Ace Greenberg Paper Clip memo, in which he ruled that paper clips should not be thrown away. Each employee received one box of… [Read More]
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“You don’t do this to get rich”
Every now and again, usually about writing, someone says, “you don’t do this to get rich”. I want to strangle anyone who says that. It’s insulting. There are many endeavors where one will not get rich, but that doesn’t mean someone should net receive adequate compensation for his or her time and expertise. It also… [Read More]
Taxes and where to live
I’ve said it before: if rich people really hate taxes so much, why are they all living in Kenilworth and Lake Forest? The University of Illlinois at Urbana-Champaign recently released data on the destinations of their engineering and computer science graduates. Of those graduating in 2012-2013, 34.5% moved to the Chicago area, 14.4% moved to… [Read More]
Constraints are not excuses. They are creative challenges.
Recently, a friend shared a picture on Facebook that was supposed to be inspirational to exercisers. It had a quote from one Jordan Belfort. “The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it.” What was standing between Belfort and his… [Read More]
Cameroon: Your Madness, Not Mine
Next up in the African series is Cameroon. It’s a former French colony that became independent in 1960 and has had a relatively stable government since then. It’s not perfect, hardly. Per-Capital GDP is $2,400 – better than many of its neighbors in West Africa, but hardly great. This is a book of short stories published in 1999 by the… [Read More]