I wrote this song while thinking of many of my friends that still work at my ex company Gateway Computer. To be honest, they are struggling right now. My friends in South Dakota are frustrated for change but at the same time, it is hard to change the negative inertia. So rather than be frustrated, they should Lay It Down. More »
Solange was cleaning up all my old stuff and she found a bunch of my old Gateway badges. I decided to scan them and finally throw them out. Kind of interesting to see everything in a different perspective.
Introduction
Check out this article, The Long Emergency. The article focuses on one basic fact – this year marks when 50% of the world’s oil reserves have been depleted. The article goes on to speculate on what our world would look like without inexepensive and plentiful oil. Have you ever thought about how fundamentally our life styles, our economy, and even the way we think, our intertwined with the basic assumption of free and inexpensive energy? It colors and touches every facet of American existence. So much so that when the world’s oil reserves are depleted, life will change so drastically, that people will reflect back on our lifestyle as a product of the Oil Age. More »
The American Economy Is Driven By Innovation
When I jump back in time to 1980, the American economy was in trouble. Interest rates were sky high approaching 20%, and inflation was a large concern. Ronald Reagan was elected to office with the promise of trickle down economics, and ‘peace through strength’. Reagan kept his promises and handed out huge tax cuts to the rich while building up the military against the Soviet Cold War threat. The end result was a sky rocketing budget deficit that at the time was unprecedented. More »
About one year ago, I decided to retire at age 39, and focus my energies on investing in the internet space. As a rule, I had made the commitment to avoid public equity investments in internet stocks, since none of these stocks have any fundamentals to support their valuations. Instead, I am now focusing on internet startup investments, where valuations are more reasonable, and downside risks are minimized. During my analysis of the internet as a whole, I’ve found that one company represents everything that’s wrong with the internet – Drugstore.com (DSCM). More »
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