Imagine investing in Budweiser or Coors at the end of Prohibition. For that matter–imagine getting in on anything related to alcohol on the ground floor in 1933. A lot of people made a lot of money–Joseph P. Kennedy for example. Kennedy massively amplified his wealth from commodities trading by acquiring distribution rights for Scotch Whisky […]

“There are bodies in the street!” That’s what my neighbor told me as I was going on to survey the damage from the mudslides in Montecito, the dream destination where I moved to in August. Montecito is the town just south of Santa Barbara. If you’ve been there, you will agree that it is one […]

Today is my big brother’s 50th birthday. Holy S#!T! It seems like just yesterday when we used to watch Minnesota North Star hockey games on TV together. But I guess that was over 35 years ago. Watching hockey games was about the only thing he didn’t mind doing with me. After all, who wants to […]

I don’t know about you, but New Year’s used to be a lot more fun ten or twenty years ago. It was the biggest party of the year, right? Well, maybe Halloween was—depends on the year I guess. The point is that when I was in my twenties I was not cursed with the need […]

My surgical residency was a surreal experience. I’m not even talking about the fact that I started out drilling holes through people’s skulls as a neurosurgical resident 15 years ago. All the gory stuff gets pretty routine and pretty soon you become immune to it. The part of residency that I really had trouble with […]

This may sound crazy but I know a lot of high net worth people (greater than $10 million) who get into cash crunches all the time. No, I’m not talking about the pain on not being able to buy a yacht. I’m talking about not being able to cover the mortgage on their home or […]