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]
Blog
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]
Hedge funds, fiduciary responsibility, and Yeshiva University
Most institutions of higher education have been hurt three ways by the financial crisis: endowment returns are down; donors have less money to give; and families need more financial assistance to cover tuition. Just about every college and university has been affected. But one college has had the misfortune of having financial fraud and poor… [Read More]
