***This post is courtesy of frequent commenter Houston Natural Gas Analyst*** Physical Commodity Trading 101 The physical commodities trading space is a particularly niche segment of the overall Wall Street variety of career paths. It is extremely different from the paper trading that banks largely stick to in that you actually take delivery of the product you are trading, […]
We know the standard “net worth” equation. Total assets – Total Liabilities = Net worth. Unfortunately this equation makes no sense at all and should be thrown away since it does not tell you anything about your future. We’ll outline a different way to determine how much you are worth. And. Hopefully, change the way […]
When you reach your financial security levels, most people ask “what next?” Instead of answering the question, which is impossible for each person, we’ll provide a sneak peek at how your actions will *likely* change. As noted this is from the perspective of a business owner and no longer from someone interested (at all) in […]
The problem with being rich is that it is relative. With our focus on single individuals, we’ll go ahead and outline a change in thought process as you inevitably move up *levels* in the game of life. We’ve always had the same belief regarding income and net worth multiples. The simple axiom is as follows: […]
This is a guest blog post from a frequent commenter under the user name “recent graduate” he may change his name in the future and has noted he will answer questions on his post. There is a reason why motivation won’t turn a regular person into a winner. Or why a regular person won’t suddenly […]
For fun we had a twitter back and forth with our friend Sam who claims that San Francisco is far and away better than New York City. Needless to say, we disagree 1,000 fold. Comparing Man Francisco to the greatest city in the entire United States, is like comparing a European Model to an Overweight Vegan…. […]
Before starting we’ll again state that we were not first to predict the rise of Trump, Scott Adams and our good friend Mike Cernovich posted on the topic much quicker than we did. We *will* however take credit for laying out several thousand dollars on a major bet on him winning (late last year) so […]
We wrote a quick view of office politics at the entry level and it only gets worse. Once you’re able to distinguish who “matters” from who doesn’t and correctly align your reputation with the top performers… You’re only one step into the madness. We’ll attempt to explain some of the high level strategies to continue […]