Shortly after I first met my friend and colleague, Jon, he mentioned that his mother-in-law lived with them. Jon told me that she had been diagnosed with terminal cancer. “How long ago was this diagnosis made?” I asked. I’ll never forget his response: Twenty years ago! She is tough as a lizard! I was once […]
Betting on The Rapid Demise of Millionaires Read More »
Recently a television reporter mentioned that 20% of the revenue generated by movie theaters occurs during the short 2 week holiday period in December. The euphoria of the holiday experience may cause one to lower his/her guard when evaluating the theater offerings. I almost made a bad mistake in this regard. I saw more than several advertisements for The
The Millionaire Next Door: Movie Critic Read More »
Recently, Karl Sakas wrote an interesting blog, Stumbling Onto The Millionaire Next Door. I got a million dollar surprise when I picked up my dry cleaning . . ..Waiting in line to pay $1.79 per shirt, I noticed an unexpected envelope on the counter. The return address had a “Milliman” logo. That wouldn’t mean anything
Dry Cleaners – Richer than their Customers? Read More »
Merry Christmas and Happy New Year and millions of thank yous for your continued support of the millionaire next door! See you in 2011!
Merry Christmas and Happy New Year! Read More »
In the December issue of Vanity Fair there is a well written article about Cher and her enduring career. One of the many key points covered in the article was the discussion of Cher’s extraordinary endurance and stamina. Take, for example, her recent tour during which she made 325 “grueling” performances. That tour “is rumored to have
Cher, An Enduring Entrepreneur Read More »
The headline today in The New York Times says it all: “Immigrants Make Paths To Suburbia, Not Cities.” The implication of the article is that the immigrants referred to are blue collar workers who sought work in the construction and food service industries. However, missing from the article is any discussion of the high concentration
Not All Immigrants Are Blue Collar Read More »
According to Jason Boog, on Galleycat.com, U.S. Senator Bernie Sanders (Vermont-I) delivered a long filibuster last Friday in opposition to the tax compromise between the Republicans and the Obama administration. Apparently, Senator Sanders is a fan of The Millionaire Next Door: I love the book, The Millionaire Next Door. It talks about how it is
“The Millionaire Next Door” in the the U.S. Senate Read More »
Now that the holiday season is in full swing, it might be a good time to reflect once again on the ways and means of the millionaire next door. This came to mind after I observed a woman who was trying her best to pay for a down vest at a recreational equipment emporium. First she
Multimillionaire with 1 Credit Card! Read More »
Congratulations to the Auburn Tigers for winning the SEC Championship Saturday night. The following morning I was listening to 790 The Zone sports radio. One of the commentators had been at the game where he encountered Bo Jackson, 1985 Heisman Trophy winner from Auburn. As you may recall Mr. Jackson was also an All Star professional football and baseball player. The
Auburn Wins. . . Bo Signs Read More »
I recently made a presentation at a conference of estate planners. After I left the podium, Kim, a successful estate attorney, walked up to me carrying an opened copy of The Millionaire Next Door. I read this book when I was a senior in college, and the information right here on page 214 changed my life. Up until that time I
The Millionaire Next Door- Page 214 Read More »