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Don't say YES when you want to say NO

No. N.O. If you run a business you have to say this word all day long, every day. “No.” You might be reading this on a subway. Say, you’re taking the F…

No. N.O. If you run a business you have to say this word all day long, every day. “No.” You might be reading this on a subway. Say, you’re taking the F train from Park Slope in Brooklyn to “hedge fund alley” on Park and 48th and you’re reading this article. Don’t be embarrassed. Say […]

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Getting By on $1,000,000 a Year

It was a big day for my friend. Mike had just been given his annual bonus at his Wall Street job (financial crisis be damned!) and in total he had made $1m.…

It was a big day for my friend. Mike had just been given his annual bonus at his Wall Street job (financial crisis be damned!) and in total he had made $1m. We met for lunch. “Congratulations,” I told him, “you’re a millionaire now.” “I know,” he said, “it’s my first million. Hopefully I make […]

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How to Exploit Your Employer

I would never hire me. When I was younger I couldn’t last more than 2 or 3 days at a job before I was plotting my escape. I would try to figure…

I would never hire me. When I was younger I couldn’t last more than 2 or 3 days at a job before I was plotting my escape. I would try to figure out how to game the system: how to build from my current job so I could either have an even better job, make […]

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Death by Meetings

I’m religiously against having meetings. I think 99.9% of meetings don’t result in the few things they are supposed to result in: A) Money for everyone involved B) Productive followups that lead…

I’m religiously against having meetings. I think 99.9% of meetings don’t result in the few things they are supposed to result in: A) Money for everyone involved B) Productive followups that lead to “A” above I’ve even written before that people in companies should at the very least conduct meetings while standing up. That will […]

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How Many of My Facebook Friends Will Die Over the Next Year

This past year has not been a good one on my Facebook Friends list. At least 3 of my facebook friends have died. In at least 2 of the cases I probably…

This past year has not been a good one on my Facebook Friends list. At least 3 of my facebook friends have died. In at least 2 of the cases I probably never would’ve heard of the occurrence if not for facebook. So it occurs to me, every year from here on out, I’m probably […]

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8 Reasons Not to Daytrade

Everyone wants to be a daytrader. Let me tell you the best days. You get in at 9:25am. You make the trade your system tells you to make at 9:30. And by…

Everyone wants to be a daytrader. Let me tell you the best days. You get in at 9:25am. You make the trade your system tells you to make at 9:30. And by 9:45, the trade is done, profitable, and you’re done for the day: $1800 richer and happy about it. Even better are those stories […]

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Three Mistakes. The Path to Success

There were three mistakes. The first was when I hit a guy in a car accident. It was my fault. I was 18 and had just finished a chess lesson with the…

There were three mistakes. The first was when I hit a guy in a car accident. It was my fault. I was 18 and had just finished a chess lesson with the US champion. I had beaten him in a game and I was daydreaming about it. I ran a red light. A 70 year […]

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