Blog Category: Investing

Why I Am Never Going to Own a Home Again

Many people have said to me in the past month, “I’m going to buy a home.” Or, “What do you think of the idea of me buying a home?” I like the…

Many people have said to me in the past month, “I’m going to buy a home.” Or, “What do you think of the idea of me buying a home?” I like the second batch of people. They are my friends and it seems like they are sincerely asking for my advice. And I’m going to […]

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10 Unusual Things I Didn't Know About Google (also: the worst VC decision in history)

I made the worst decision in venture capital history in late 2000. I was a partner at a venture firm called 212 Ventures. What? You never heard of it? We had $100…

I made the worst decision in venture capital history in late 2000. I was a partner at a venture firm called 212 Ventures. What? You never heard of it? We had $100 million from Investcorp, $5 million from CS First Boston, $5 milion from First Union (which became Wachovia) and $5 million from UBS. I […]

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How Stevie Cohen Changed My Life

I wanted to change everything and have it all be better. I was sitting in the waiting area of Stevie Cohen’s office (the biggest hedge fund billionaire out there) and I knew…

I wanted to change everything and have it all be better. I was sitting in the waiting area of Stevie Cohen’s office (the biggest hedge fund billionaire out there) and I knew that within a few minutes my life would change. Every now and then you have those moments when its up to one person […]

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How I Screwed Yasser Arafat out of $ 2mm (and lost $ 100mm in the process)

I needed to make one hundred million dollars pretty fast. You know how it is. There are bills to pay. There are things you want to do in life. I wanted, for…

I needed to make one hundred million dollars pretty fast. You know how it is. There are bills to pay. There are things you want to do in life. I wanted, for instance, to work as a cashier in a bookstore. But with a twist. I would own the bookstore. I wanted to do a […]

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10 Things I Learned Working With Jim Cramer

The first time I met Cramer was on the set of his show “Mad Money”. The show hadn’t officially launched yet but he wanted to try out the idea of having guests…

The first time I met Cramer was on the set of his show “Mad Money”. The show hadn’t officially launched yet but he wanted to try out the idea of having guests on the dress rehearsals. I was the first guest. I did so poorly he immediately dashed the idea (at least initially) of having […]

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Dating, Madoff, and Supply and Demand

Christine Cardinal and I had adjoining paper routes and when we were finished, we’d invariably meet on the line between her route and mine. So one day, in tenth grade, I asked…

Christine Cardinal and I had adjoining paper routes and when we were finished, we’d invariably meet on the line between her route and mine. So one day, in tenth grade, I asked her out. Because, of course, I loved her. She said “yes.” That evening I was so happy I even told my little sister […]

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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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