Money and Finance
One of my guilty pleasures is watching CNBC. I know, gasp! How could I? While I typically recommend that we all ignore the financial media there's times where it's actually useful. Mainly the interviews with some really great business and investment minds that the average Joe just doesn't have access too. I don't think I could call up Buffett and expect to get him to answer. I got an idea for a post from one viewing this week which I hope to get up sometime this month but another morning there was an enlightening interview with Mel Karmizan. (I had no idea who he was but he had a very interesting anecdote)
Anyways so he was discussing the future outlook for the markets with the hosts and told us of a recent encounter with some of the best fund/investment managers in the business. He didn't give names but seeing as how he was the CEO of CBS and Sirius at one point in his career I imagine he has access to some really big time investors.
The question he posed to these excellent managers was what kind of return he could expect if he gave them a large sum of money today that they could manage. For the most part they responded with 6-7% which seems in line with my own expectations so it's nothing unreasonable. However, he then proposed that he would give them the money but want a guaranteed 3% return each year and they could keep any excess returns. Not a single one would guarantee the 3% to take him up on his offer. I was quite surprised by the lack of interest from some of the "great" investment minds on this.
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- Weights
Quick update today that doesn't have to do with investing. Well not investing like I normally talk about, but rather investing in myself. For the time being I'm in a location that's close to my gym so I'm taking full advantage of...
- Weekly Roundup - April 4, 2015
Well I'm sure you noticed that I didn't get a lot of writing done this week. That wasn't for a lack of "want to" but just a matter of lack of time. Monday at the hospital with Luke, Tuesday I headed back to work, Wednesday and...
- December Passive Income Progress
I didn't purchase any stocks in December except my monthly little contribution to my Loyal3 account. Read about my Loyal3 purchases in December here. I started tracking my passive income Summer 2014 2014 Passive income June ...
- November Passive Income Progress
In November I didn't purchase any new stocks except in my Loyal3 account. Read about my purchases here. I started tracking my passive income Summer 2014 2014 Passive income June $261.00 July ...
- January Passive Income Progress
I started tracking my passive income summer 2014. My June passive income was $261.00 My July passive income was $209.67 My August passive income was 235.62 My September passive income was $212.97My October passive income...
Money and Finance
Weekly Roundup - November 7, 2015
Anyways so he was discussing the future outlook for the markets with the hosts and told us of a recent encounter with some of the best fund/investment managers in the business. He didn't give names but seeing as how he was the CEO of CBS and Sirius at one point in his career I imagine he has access to some really big time investors.
The question he posed to these excellent managers was what kind of return he could expect if he gave them a large sum of money today that they could manage. For the most part they responded with 6-7% which seems in line with my own expectations so it's nothing unreasonable. However, he then proposed that he would give them the money but want a guaranteed 3% return each year and they could keep any excess returns. Not a single one would guarantee the 3% to take him up on his offer. I was quite surprised by the lack of interest from some of the "great" investment minds on this.
Read more »
- Weights
Quick update today that doesn't have to do with investing. Well not investing like I normally talk about, but rather investing in myself. For the time being I'm in a location that's close to my gym so I'm taking full advantage of...
- Weekly Roundup - April 4, 2015
Well I'm sure you noticed that I didn't get a lot of writing done this week. That wasn't for a lack of "want to" but just a matter of lack of time. Monday at the hospital with Luke, Tuesday I headed back to work, Wednesday and...
- December Passive Income Progress
I didn't purchase any stocks in December except my monthly little contribution to my Loyal3 account. Read about my Loyal3 purchases in December here. I started tracking my passive income Summer 2014 2014 Passive income June ...
- November Passive Income Progress
In November I didn't purchase any new stocks except in my Loyal3 account. Read about my purchases here. I started tracking my passive income Summer 2014 2014 Passive income June $261.00 July ...
- January Passive Income Progress
I started tracking my passive income summer 2014. My June passive income was $261.00 My July passive income was $209.67 My August passive income was 235.62 My September passive income was $212.97My October passive income...