A statement issued from NFL Commissioner Roger Goodell made the headlines in a wide variety of media. I understand that Mr. Goodell will cut his salary to $1 if there is a work stoppage after the current agreement with owners and NFL players expires in March. Further, news reports indicate that Mr. Goodell currently receives […]
Income: NFL’s Goodell vs. Typical US Family Read More »
What is the purpose of government? In America it is supposedly to protect the rights of its citizens. Well, tell that to our fellow citizens at Odyssey Marine Exploration, an American company. According to a New York Times article, in 2007 Odyssey recovered an estimated $500 million in gold and silver coins from a Spanish
Finders Keepers but not for Americans Read More »
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 »
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 »
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 »
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 »
An article recently crossed my desk which indicated that donations to noble causes by the affluent had declined significantly during the latest economic malaise. If your job is to raise money for one or more of these causes, how should you respond to this news? It’s logical to assume that your business will decline parallel to the overall trend. This is
Good Business in Bad Times Read More »