9 things that are awesome even though we usually think they suck

Warning: You’re not going to agree with me on some or all of these. That’s okay. That’s actually the first one! :) 1. DISAGREEMENT It seems like most people try to agree. They try to find common ground, achieve alignment, come together, whatever. And sometimes that’s helpful because when you work together with someone, you […]

My 17 rules for investing (regardless of the investment)

I love investing. Stocks, real estate, businesses, you name it. Here are the 17 rules I invest by. Every investment has a return: Either money or education. Don’t be an investor: Be an engineer. Don’t invest in anything you can’t control (and learn the levers that will provide a return). Redefine your idea of risk. […]

Ideas about risk that we have totally wrong

I’ve been reading Aswath Damodaran’s book Strategic Risk Taking: A Framework for Risk Management. It’s a great read and I reluctantly had to put it aside while guests where here; I’ve just picked it up again and am continuing to devour it; I read some of the book and then reflect on how it impacts […]

Risk as a source of profit

I’m reading Aswath Damodaran’s book Strategic Risk Taking: A Framework for Risk Management and I’ve been blogging about it from time to time as I chew through the concepts. In chapter 4 of his book, Damodaran talks about how, in the nineteenth century, the idea of risk changed. Risk was once thought of as a […]

Reaching toward the horizon: How business acquisition is a lot like Mars exploration

It’s funny when you read different things but they all seem to be connected in some way. That’s happening to me right now and this blog post is my attempt to put some of those ideas in order. I’m reading a book called Strategic Risk Taking (by Aswath Damodaran), which is a book about risk […]