Chili’s is back, baby
As someone who loves rooting for the underdog, I have really enjoyed watching Chili’s experience a remarkable resurgence in recent years. The restaurant rose to prominence in the 1990s alongside chains like Applebee’s and TGI Fridays. Its baby-back ribs, sizzling fajitas, quirky décor, and catchy advertising became part of the [...]
You’re a shareholder and nobody is asking you
I really wish I didn’t feel the need to write another article about the drama surrounding the future location of Royals stadium. I looked back through my notes and realized I first wrote about this topic nearly four years ago. But because the issue remains far from resolved, and because [...]
Sometimes the Best Financial Decision Has a Bad Financial Return
John D. Rockefeller once famously said that the only thing that gave him pleasure was watching his dividends come in. If true, that may be one of the saddest perspectives on money I have ever heard. Money can certainly provide a financial return, and growing it wisely is important. But [...]
Affordable groceries in NYC too good to be true
Anybody who reads my column regularly already knows that I love a good bargain. I have written extensively about paying less for everything from vacations and Christmas presents to clothing and food. So, when New York City Mayor and self-described democratic socialist Zohran Mamdani announced last week that he plans [...]
The risk of investing in what your know
One of the books that has had the most impact on my professional life is “Start With Why” by Simon Sinek. The central theme of the book is that people are often drawn to organizations, products, and leaders because of the identities and values they represent. Sinek uses Apple as [...]
When a Hobby Becomes an Obsession
Hopefully, by now, most people understand the threat gambling addiction can pose to financial success. An occasional lottery ticket purchase or night at the boats may be fairly harmless, but we probably all know someone whose life was seriously damaged when these behaviors got out of control. Believe it or [...]
Alan Greenspan’s Complicated Legacy
In late June, one of the most influential figures in modern American economics, Alan Greenspan, passed away at the age of 100. For nearly two decades, he chaired the Federal Reserve, serving under four presidents and presiding over an unprecedented period of low inflation, rapid technological innovation, and one of [...]
If I had a million dollars
When I was a kid, I would often dream about what it would be like to be a millionaire. I remember watching cartoons like Richie Rich and shows such as Lifestyles of the Rich and Famous and imagining what it would be like to have seemingly unlimited amounts of money. [...]
Investing Amazement
Last week we received a few calls from clients who wanted to get in on the SpaceX Initial Public Offering (IPO) of stock. I explained that I generally did not favor trying to get ahead of the market by buying shares of almost any company IPO for several reasons. The [...]
The $30 Billion Credit Card Transfer Nobody Talks About
For those not paying attention, credit card companies are currently engaged in an aggressive “perks war,” offering massive sign-up bonuses to attract new customers and increasingly generous rewards for those using their cards. I was literally able to subsidize a significant portion of our summer travel expenses this year simply [...]