Most people think money is the key to reducing risk. Prepartion is.

The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.

When I started writing this blog more than years ago, it was in response to traditional media's habit of twisting interviews to fit the headlines they wanted to create.

Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.

Only morons start a business on a loan?

One problem people have is that they lie to themselves. Rarely is talent enough. You have to find ways to make yourself standout. You do so by playing to your strengths and making people aware of those strengths.

I'm a believer that you accomplish much, much more with direct relationships than by using an intermediary. And that cash you keep in the bank can be the difference between staying alive as a small business, or not.