Invest using a Fantasy Football Portfolio

Hi everyone, as I mentioned in an earlier post, I’m currently on vacation and will resume writing in the middle of September. While I’m away, I leave you with an excerpt of a note I wrote to my partners in Smart Income Partners in September of 2012. Here it is: As I was flipping thru […]

Entrepreneurship through acquisition

In a previous post I mentioned my reasons for owning a small business.  In this post I am going to review my preferred way of getting one. Many people believe that to become an entrepreneur one must start a business. This is not true. There is another option: buying it. I’ve done both. I’ve bought […]

Top 5 reasons for owning a business

When I was working as a management consultant at Bain & Co., I got married and decided to become an entrepreneur. Here are my top 5 reasons for having my own business: 1) I am in control 2) Better risk / reward on my investment 3) Improved work / life balance 4) Better business education […]

Business rhymes, a path to treasure

Be curious. Identify attributes of successful companies and keep an eye out for them repeating in other companies. What do I mean by this? When I invest, it is not enough to only review the financial statements. I’m on the lookout for, what I call “business rhymes”. These are characteristics of successful businesses that appear […]

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”

George Soros